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Tag Archive 'wheat prices'

Wheat Prices are Skyrocketing

Posted in Price System, Standards of Living on Feb 26th, 2008

My brief take in the Christian Science Monitor:
Yet despite the recent rise in food prices, over a longer period of time, spending on food as a percentage of household income has been declining, points out Michael Rizzo, senior economist at the American Institute for Economic Research (AIER) in Great Barrington, Mass. For example, in 1970, […]

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