August 22, 2003
Charity Idea
Oslo is world's most expensive cityDeep in this article is an explanation that this bank came to this analysis by comparing "incomes and the cost of living based on the cost of a basket of 111 goods and services."
This is exactly the concept that Peter came up with to help with my idea of a charity that would balance it against exchange rates to find out where someone's charitable donation would have the most value. Would you rather spend $50 to help a homeless man catch three bus rides in Oslo? Or to help a village repair roofs for twenty of their houses in the South Pacific?