Why a Big Mac Costs Less than a Salad
The Consumerist has linked to this great chart:
Another chart by David Leonhardt on Freakonomics shows how the prices of different food groups have changed relative to their pricing 30 years ago:
"Moral crusaders seldom have time for economics." – Thomas Sowell
2 comments
That first graph is misleading. It tries to show percentages in terms of vertical height, but the pyramid form of the graph misleads people to think that it is talking about volume, which throws off the sense of scale.
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