burgernomics

noun

Etymology

Blend of burger + economics, equivalent to burger + -nomics, coined in The Economist in 1986 by Pam Woodall with the introduction of the Big Mac Index.

  1. derived from *nem- — “to distribute; to give; to take
  2. derived from *weyḱ- — “(verb) to enter in; to settle; (noun) settlement
  3. derived from οἰκονομῐκός — “skilled in household management; frugal, thrifty, economical
  4. derived from oeconomicus — “(noun) household manager, housekeeper, steward; (adjective) relating to orderly arrangement of written material
  5. derived from iconomike — “(noun) household management; person in charge of household management; (adjective) relating to household management; relating to domestic or family matters; relating to management of a state; reducing costs or expenses, economical
  6. derived from iconomique
  7. inherited from economike
  8. compounded as burgernomics — “burger + economics

Definitions

  1. An informal measurement of the purchasing power parity between currencies, based on the…

    An informal measurement of the purchasing power parity between currencies, based on the price of a Big Mac in various countries.

    • Burgernomics is based upon the theory of purchasing-power parity (PPP)...
    • Both The Economist's and Smart's study move at the intersection between burgernomics and burgerology. But they also move across each other and thereby point to a more general contrast.
    • Light-hearted burgernomics has become a matter of increasing academic interest and has spawned many articles and even a whole book by Ong (2003) of the International Monetary Fund.

The neighborhood

Vish — recursive loop

No curated loop yet for burgernomics. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA