John W. wrote:
> Curt Fischer <crf3@po.cwru.edu> wrote in message
> news:<3F22213F.7A96C099@po.cwru.edu>...
>
>> I disagree.  Straight monetary comparisons are the best way anyone
>> has
>> come up with yet to measure value.  Anyone who tries to discount
>> this is
>> merely incorporating their own biased valuation of land, housing,
>> cars,
>> etc. into the picture.
>>
> Well, I can say with authority that living in Kobe, Japan requires
> much more money than in my current Nashville, Tennessee, US. Of
> course, so does living in San Francisco.
>
> I like the Big Mac theory myself.

Me too. I have to go against straight monetary comparisons in favor of PPP
comparisons such as the Big Mac theory.

-- 
Kevin Gowen
"I'm not sure which is more frightening: the horror that engulfed New
York City or the apocalyptic rhetoric emanating daily from the White
House."
 - Columbia University professor Eric Foner in the London Review of
Books, on the attacks of 11 September 2001. A new study has recently
suggested that the inferno that destroyed the World Trade Center and
killed thousands of innocents was indeed more frightening than the
rhetoric of the Bush administration.