Inferior Goods
The New York Times today explores “inferior goods,” items we purchase or use in place of more expensive items when the economy is in a slump. Lipstick vs. designer dress we get, but this we found a little more troublesome:
The first is what economists call traditional inferior goods, what people have to buy when they can no longer afford their favorites. If you’re a salmon lover eating tuna casserole, you’re chewing on inferior goods.
Oh, really? Apparently they have not had my grown-up tuna noodle casserole with artichoke hearts and Parmesan cheese.
Tags: casserole, new york times, tuna
