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 […]