Quote by: Robert Fogel

As we get rich, the basics of life - food, clothing and shelter - become a very small part of total expenditure. And people have enough money to purchase things that enhance them spiritually, and I mean the word 'spiritual' not necessarily in a religious sense but in the sense that it adds to your feeling of well-being.


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Author Bio


  • NameRobert Fogel
  • DescriptionAmerican economist, historian
  • AliasesRobert William Fogel; Robert W. Fogel
  • BornJuly 1, 1926
  • DiedJune 11, 2013
  • CountryUnited States Of America
  • ProfessionEconomist; Economic Historian; Historian; Writer
  • AwardsNobel Memorial Prize In Economic Sciences