It Does Not Necessarily Mean What You Think it Means
Posted in Economic Illiteracy, Price System on Sep 14th, 2011
Josh Wright reproduced a chart used recently in a piece by David Leonardt. Here is the chart: The article (and chart) is lamenting the fact that healthful foods prices (relative) have been increasing faster than for “unhealthy” calorie dense foods. Folks might be tempted to look at this chart to demonstrate that the relatively high cost of […]
