WHAT DOES IT COST TO LIVE?
An average salary in Havana is only 200 pesos a month, but clearly the
percentage of a family's income spent on the most basic necessities is
still far less than what people must spend in the U.S. for a place to live
and essential utilities.
Havana Utility Bill
of
people in the 20th century, he should read it and learn.
However, there's a confusion between Eric's and my meaning of the phrase
"cost of living."
The usual orthodox economist simply assumes that the consumer price index
measures the "cost of living" without spending muc
Richardson_D wrote:
I think that this is the right idea. With resources it should be
possible to develop the GPI into a more widely accepted statistic.
I understand that the GPI people didn't include education in their index
because they think there's no evidence that spending more money
On Wednesday, April 16, 1997, at 1:34 PM Jim Devine wrote
Dave Richardson's recent missive (and an L.A. TIMES column by Robert
Kuttner, Dec. 6, 1996) suggests the following: If one wants to measure
the
cost of living over time, why not divide the nominal consumer spending
by
the Genuine
