Thankfully, We Don't Have To Spend As Much of Our Incomes on Food As Our Ancestors Did

Let's set aside the controversy over what Walmart's shrinkflation of its annual Thanksgiving feast bundle might suggest for the recent trajectory of grocery prices. The good news for which we can be thankful is that the share of their incomes that average Americans devote to paying for food has fallen steeply over the last 100 years.

Human Progress