Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
- THE discovery by European food shoppers that some of them have been eating horse in place of beef is, some argue, a result of a trend in the rich world. Spending on food as a share of total income has declined markedly, but at the expense, some say, of quality. This is a nice kind of problem to have: people in poor countries are forced to devote a far higher share of income to buying food. As the chart shows, that correlation between poverty and spending on food is not watertight: Indians, for example, spend less of their household budget on food than Russians do. In general, though, as countries develop people spend proportionally less on food. South Koreans spent one-third of their income on food in 1975; now the figure is just 12%. That leaves more money for the more enjoyable things in life. Hungarians lead the way in these matters: they devote around 10% of their household spending to alcohol and tobacco.
–
thenewgreen · 4324 days ago · link ·
It's time we change our tag line, Hubski -sometimes it works ;-)