Thursday, November 2, 2006

Simple communication - Why a New York Dollar is Worth only 76.2 Cents

Every year, UBS publishes a report on wages and prices worldwide, which gives a good idea of the disposable income people have in different cities of the world and studies a handful of interesting indicators. Their approach is very statitstical and I guess that makes it more difficult to exploit for many people. The NY Magazine does something similar, possibly less scientific but far more understandable for the average reader. I think it's an example of good communication and good pedagogy. Einstein used to say that things should be as simple as possible, but not simpler... this looks like an application of his position.

== Why a New York Dollar is Worth only 76.2 Cents

Based on a few scientifically imprecise calculations, a New York dollar would lag somewhere behind a Canadian buck. Here’s why...

read more | digg story

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