TWL #6: Big Mac Economics

  • Avaldati 4 aastat tagasi

    Wendover ProductionsWendover Productions

    Kestus: 04:31

    Big Macs: delicious (kinda), cheap (kinda), and educational (absolutely). In this episode, we look at how the economist magazine used burger prices to teach about purchasing power parity.
    If you enjoyed this video, please consider sharing on Reddit, Twitter, Facebook, etc. For a small channel like this, all exposure is extremely helpful.
    Twitter: @WendoverPro
    Email: WendoverProductions@gmail.com
    Attributions
    Big Mac footage provided by eememory.info/video/qtppa5jLnauMl8w/video.html
    McDonald’s kitchen footage provided by epSos.de
    Select footage provided by VideoBlocks LLC
    Music provided Epidemic Sound
    Select maps provided by OpenStreetMap
    Select maps provided by Google Maps
    Select visuals provided by Wikipedia Commons
    Licenses available upon request
    Licensed under Creative Commons 3.0 or fair use guidelines

佐々木アキ
佐々木アキ

Ah yes, the burger store that sells more spaghetti than burgers

5 päeva tagasi
Salvatore Aaliyah
Salvatore Aaliyah

Those guys are sending $70 McDonald's gift cards Free!! you gotta test *freeburger .me* . (remove spaces), for me , this was Glittering.

10 päeva tagasi
leilani sundberg
leilani sundberg

man I think its Muscular

4 päeva tagasi
Godly Johnny running Boy
Godly Johnny running Boy

Oh please don't paint the Big Mac in Hong Kong 🇨🇳. Please paint it as 🇭🇰

Місяць tagasi
Daniel Clasen
Daniel Clasen

In India, though, due to the Hindu belief of cows being sacred animals, they have a chicken big mac called the Maharaja mac

Місяць tagasi
Cormac O'Sullivan
Cormac O'Sullivan

Big Mac costs around 7 euro where I live. About 7.50 USD roughly

2 місяці tagasi
ᄒᄂᄒ
ᄒᄂᄒ

0:45 NORTH KOREA??????????????

2 місяці tagasi
Amazed Alloy
Amazed Alloy

I got a big mac ad on this video

2 місяці tagasi
Harry Barodawala
Harry Barodawala

ahhh that wikipedia list, the birth place of Half as Interesting

3 місяці tagasi
Toni High
Toni High

why big mac in switzerland is so expensive?

3 місяці tagasi
Ollie Crimson
Ollie Crimson

No Big Mac in India. Only Chicken Maharaja Mac since they don't use beef.

3 місяці tagasi
Alfonso Hernandez
Alfonso Hernandez

The current price for it here (Venezuela) is about 300,000 Bolivars, the current equivalent to about US$4 but that price fluctuates at incredible rates so who even cares

3 місяці tagasi
Victor Grubbs
Victor Grubbs

dislike this comment

4 місяці tagasi
vinzent1992
vinzent1992

Why do you ruin a good video with that horrible background noise?!

4 місяці tagasi
Vettai Mannan
Vettai Mannan

I've been watching lot of videos on the topic of ppp but never understood it..untill i watched your video.thank you

5 місяців tagasi
cdawgadizzle fahsho
cdawgadizzle fahsho

Its the whole reason behind illegal immigrants.

Місяць tagasi
Sleepless
Sleepless

Bic Mac isn't as big as advertised in indonesia

5 місяців tagasi
Sleepless
Sleepless

Don't buy it if you're from indonesia

5 місяців tagasi
cookie gamer
cookie gamer

RECOMMEND VIDEOS BIG MAC ECONOMICS

6 місяців tagasi
Joshua Espinoza
Joshua Espinoza

i live in miami and big macs cost a lot more than 4 something. they are around 10 bucks but i wouldnt know because i eat at wendys.

6 місяців tagasi
Rodrigo Acosta
Rodrigo Acosta

That map is weird, it should have all countries with Mc in the same colors, also, Cuba has a Mc?! is in Guantanamo, i dont think it should count

6 місяців tagasi
Windows XP
Windows XP

2019?

6 місяців tagasi
Windows XP
Windows XP

Rip me Norway guy ;D

6 місяців tagasi
NhatAnh0475
NhatAnh0475

Sorry Mc.Donald but you can't beat those small bread maker in our country ;)

6 місяців tagasi
Hercule The 10th
Hercule The 10th

Swiss gang swiss gang

6 місяців tagasi
Devan Devan
Devan Devan

Takeaway: buy Big Macs in Russia

6 місяців tagasi
Leo Hoffmann
Leo Hoffmann

big macs dont taste good

6 місяців tagasi
Salty Favour
Salty Favour

i'm pretty sure no one is surprised by switzerland having the most expensive?

6 місяців tagasi
CornyBoi
CornyBoi

The video ends Me: wait what it just started

6 місяців tagasi
7894561230daniel
7894561230daniel

10.3 $ for a big mac in israel

6 місяців tagasi
dannyU2g
dannyU2g

u don't even hide that you get your shit straight from wikipedia...

7 місяців tagasi
Balakrishnan Ramanan
Balakrishnan Ramanan

Woah! Economics was never more interesting! Another reason to regret choosing medschool...🤣

7 місяців tagasi
Leo pro channel
Leo pro channel

Year big mac

7 місяців tagasi
Mshamba
Mshamba

Kenyan here.. we don't have a McDs

7 місяців tagasi
JOYCE Downs
JOYCE Downs

There’s no such thing as a kiwi burger

7 місяців tagasi
Steve BigEve
Steve BigEve

Educate yourself before you make shit up, Joyce. https://en.wikipedia.org/wiki/Kiwiburger

7 місяців tagasi
JOYCE Downs
JOYCE Downs

There’s no such thing as a kiwi burger

7 місяців tagasi
Monkey Guy80
Monkey Guy80

I've stopped eating Big Mac for 3yrs now because they're getting smaller not big anymore in Singapore 😒

7 місяців tagasi
Joshua Espinoza
Joshua Espinoza

hi from miami

7 місяців tagasi
Crusedhess ef
Crusedhess ef

that map of all the mc dicks in the world is completely wrong lol ..ive been to several countries that were not shown on the map that have a mc dicks and that are probably much better then any north american one

7 місяців tagasi
Joris van Doorn
Joris van Doorn

About your sweden example, a burger might be more expensive in Sweden, but the wages in Sweden are also higher. Using your numbers: 1 US bigmac = $4,79, 1 Sweden bigmac = $5,13, with an exchange rate of 1 krona being approximately (44/5,13) = $0,1166. Some googling made me assume that the average Sweden worker makes about 26000 SEK after taxes per month (= $3031). The average american makes about $2601 monthly after taxes. This results in that a Swedish person can buy about (3031/5,13) 591 burgers per month versus (2601/4.79) 543 burgers in the USA. just saying

7 місяців tagasi
אור פאר
אור פאר

In Israel , a big mac meal costs 40 dollars, which is approx 11.4 dollars while big mac cost 6.5$ so Israel cost more then America in terms of big macs

7 місяців tagasi
Oscar Wild
Oscar Wild

I live in Switzerland :(

7 місяців tagasi
moosesnWoop123
moosesnWoop123

South African beef is where it's at. McDonalds in South Africa is much tastier than in Europe.

7 місяців tagasi
POISHLL
POISHLL

Now I know how to Stonks

7 місяців tagasi
Nathaniel
Nathaniel

'Big Macs are always available' India: Am I a joke to you?

7 місяців tagasi
BAD VIBES
BAD VIBES

go zimbabwe one of the only african countries with a mick dicks

7 місяців tagasi
Glitchy Soup
Glitchy Soup

3:30 why are you using Chinese flag for Hong Kong? It is not comunistic censorship China and never will be. Hong Kong have their own flag.

7 місяців tagasi
Glitchy Soup
Glitchy Soup

​@mac_tíre_aonair Not everyone is native English speaker.

7 місяців tagasi
mac_tíre_aonair
mac_tíre_aonair

...Hong Kong has its own flag. Maybe think about getting your grammar together - it really does belittle your point when it's wrong.

7 місяців tagasi
moosesnWoop123
moosesnWoop123

still protesting?

7 місяців tagasi
DJ Wise Pariah
DJ Wise Pariah

If a Big Mac costs $o.66 USD in Venezuela, and the only currency of value that's accepted in Venezuela is World of Warcraft gold, what's the exchange rate?

8 місяців tagasi
Butt Mash
Butt Mash

Why do you use the Chinese flag for Hong Kong?

8 місяців tagasi
The Gamer PRO
The Gamer PRO

i ordered like 5 burgers, 5 drinks form a swiss mcdonalds, at altogether it cost like $70

8 місяців tagasi
Raze Aedevour Paxley
Raze Aedevour Paxley

As an employee, i hate assembling bigmacs. It sucks tbh.

8 місяців tagasi
Aidan Hartford
Aidan Hartford

Soo id have to work about 2 mins for a big mac wow .... also ive never seen a big mac that cheap in russia

8 місяців tagasi
infinitecanadian
infinitecanadian

You can't get a Big Mac in India because beef is banned.

8 місяців tagasi
bo0tsy1
bo0tsy1

So NOT Big Macenomics? Missed the boat for names.

8 місяців tagasi
Zerg Abstracto
Zerg Abstracto

I think than in 2019 venezuela GPD is more or less 2 big macs

8 місяців tagasi
INERT
INERT

@Dharsh Srinath hamburGuesas De Personas. GDP (hamburgers of people)

7 місяців tagasi
Dharsh Srinath
Dharsh Srinath

GDP

7 місяців tagasi
INERT
INERT

And the burger meat has to be harvested from orphans.

7 місяців tagasi
ted waiganjo
ted waiganjo

NOT TRUE! Kenya does not have McDonald’s! I live there

8 місяців tagasi
Jack Sowerby
Jack Sowerby

Who else is here from sixth form

8 місяців tagasi
Jack L
Jack L

I wonder how much it is in venezuela now lol

8 місяців tagasi
Tyler Jervis
Tyler Jervis

why is the Chinese flag over the big mac when talking about Hong Kong

8 місяців tagasi
Ada Ku
Ada Ku

its under control of chinese govt

8 місяців tagasi
Proksimity
Proksimity

Bring TWL

8 місяців tagasi
Daniel Bunton
Daniel Bunton

It's nothing alike in Asia

8 місяців tagasi
LedHead
LedHead

We don't even have a big Mac in India. We have the Maharaja 🙂

8 місяців tagasi
III
III

this is intriguing given the popeyes sandwich craze. mind you i don't even eat bread & ive gone vegan, but popeyes was a staple after school, so with all the hype & nostalgia, i wanted to try it. sold out everywhere. so I spent $30 on 10 strips, brioche buns, pickles, mayo to make my own..trash. its the bread, peasant food. i can't tolerate thin pizza dough, but bread is dangerous & my body's too aware of that to ignore it & enjoy it anymore. the strips were nostalgic but they put aluminum in the flour as stabilizer. hello Alzheimers. point is, that hype is a decent sign of economy strength.

8 місяців tagasi
keegan1948
keegan1948

Big Macs in Korea cost $4.28 which puts it above Denmark at #5

8 місяців tagasi
holt145A
holt145A

this video is 3 years old, the currency exchange beetween countries changed in that time

8 місяців tagasi
derpy mustard
derpy mustard

Big macs ain't available in India

8 місяців tagasi
Benjamin
Benjamin

MATE HAVE YOU SEEN THE COST OF A BIG MAC IN AUSTRALIA?? FAKE NEW MATE

8 місяців tagasi
Otto Heikkonen
Otto Heikkonen

In finland big mac costs 4.20€ ($4.67) making it fifth most expensive

8 місяців tagasi
Ondřej Palata
Ondřej Palata

The China flag across the Hong Kong burger made me sad... I hope Hong Kong will never be China.

8 місяців tagasi
David Martin
David Martin

Same here

8 місяців tagasi
anthony paul
anthony paul

same

8 місяців tagasi
kimeli
kimeli

seems like the people in the comment section who have a problem with hong kong flags are only westerners.

8 місяців tagasi
Kurt22
Kurt22

The video is in English and most English speakers are westerners.

8 місяців tagasi
Project Magnesium
Project Magnesium

I was so angry at the fucking length of this that I spilled my beer. Thats strike 1 wend-over and I only can count to 2

8 місяців tagasi
Lan Nguyen
Lan Nguyen

is this the birthplace of Half as Interesting?

8 місяців tagasi
Duarte Coelho
Duarte Coelho

3:32 Hong Kong is not like mainland china you should be putting this flag 🇭🇰

9 місяців tagasi
SumansVoyage
SumansVoyage

I don't how you came up with the cost of big mac in Hong Kong. Big Mac costs about 30 hkd. Average salary in Hong Kong is 14k hkd which is about 72 hkd an hour if you work 8 hours 24 days a month. So you definitely can't get a big mac if you work for 8.7 minutes. Correct me if I am wrong.

9 місяців tagasi
beatjunkybg
beatjunkybg

Well.. in my shitty country Big Mac costs just a little bit less than the US one, while the average salary is about 10 times less. (Hour and a half of work to buy a burger) So that whole concept doesn't really show anything.

9 місяців tagasi
beatjunkybg
beatjunkybg

@Marcel Bijsterveld bulgaria

8 місяців tagasi
Marcel Bijsterveld
Marcel Bijsterveld

beatjunkybg And your country is?

8 місяців tagasi
Jake Eyes
Jake Eyes

I'm infuriated that this video isn't called "Big Maconomics"

9 місяців tagasi
Reeto
Reeto

MACroeconomics

2 місяці tagasi
PewDiePie is still a bad youtuber
PewDiePie is still a bad youtuber

I Don’t Wanna Sound Rude, But, How Is Part 10 Going So Far?

8 місяців tagasi
Razorcarl Gaming
Razorcarl Gaming

True, and also I'm a big fan!!!

8 місяців tagasi
Craig LaFortune
Craig LaFortune

I lived in India for three years... seen lots of McDonalds restaurants but never saw a Big Mac on the menu.

9 місяців tagasi
Samar Vora
Samar Vora

No beef in India. Our Mac offers almost a completely different menu. Most of it is veg.

9 місяців tagasi
Simon
Simon

Wrong flag for Hong Kong, dude.

9 місяців tagasi
NNJAS 3
NNJAS 3

In Sweden, the big mac is actually about $7

9 місяців tagasi
Elvay
Elvay

That is a lot of money to spend for explosive diarrhea

9 місяців tagasi
Yuki
Yuki

Welcome to FOREX! App tradingview!

9 місяців tagasi
Brian Fong
Brian Fong

When you eat enough big macs, Wendover Productions will have to do a video on your cannot bendover complications

9 місяців tagasi
Code Broken Leg
Code Broken Leg

Stonks

9 місяців tagasi
The Sober Thug
The Sober Thug

Inidia doesnt eat cow though?

9 місяців tagasi

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