Desire & Scarcity (was Re: Desire under the Elms)

Brad De Long delong at econ.Berkeley.EDU
Fri Jan 28 15:07:41 PST 2000



>He began this work merely as an exercize in linear programming, which was
>relatively new at the time.
>
>Stigler, George. 1945. The Cost of Subsistence." Journal of Farm Economics, 27
>(May): pp. 303-14.
>
>We now know that that diet would not do much for life expectance, except for
>people who are in dire need since he was looking for a minimum of only a few
>nutrients rather than a balanced diet.

True. We need to add a lot more vegetables...

Brad DeLong



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