I still remember the experiments in (I think) India where they demonstrated that even for people living in extreme poverty, where most of marginal spending goes to food, increased income frequently resulted in people buying better-tasting calories, not just more calories. A+.
Re Poor Economics:
I still remember the experiments in (I think) India where they demonstrated that even for people living in extreme poverty, where most of marginal spending goes to food, increased income frequently resulted in people buying better-tasting calories, not just more calories. A+.