The poorer is a family, the greater is the proportion of the total outgo which must be used for food... The proportion of the outgo used for food, other things being equal, is the best measure of the material standard of living of a population.
Related Keywords: Equal Measure Used Material Things Population Being
Related Authors: Thomas Sowell Stephen Harper Kofi Annan Muhammad Yunus Alan Greenspan William E. Gladstone George Soros