ECN 340 Lecture Notes - Lecture 6: Birth Weight, Panties, Risk Compensation
5 Dec 2014
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Fat economics: why people have been getting fat. But these explanations do not stand up to scrutiny: while obesity and weight problems is particularly acute in the u. s it also a major problem in canada. The relative price of food: since the 1950"s people income has risen faster than prices. Why? healthy foods: as a consequence in the u. s on average individuals are consuming about 18% more calories than they were a few decades ago, people are living longer, thus more time to pack on more weight. Also: people driving less and walking more and riding a bike, more people growing their own food, generally less alcohol consumption; alcohol can pack on calories. Generally people consume more calories when dining out: falling real gasoline prices, along with heavier individuals contributed to the increase in demands of suvs, generally, as incomes have risen so has the obesity rate.
