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Not healthcare, but I would rather live in a house half its current size than give up TV and internet. People living in abject poverty also enormously value th
by MarkMc 12y ago
Not healthcare, but I would rather live in a house half its current size than give up TV and internet.
People living in abject poverty also enormously value their TVs. Here is an example of a man who goes hungry in order to watch TV, from the book Poor Economics [1]:
We asked Oucha Mbarbk, a man we met in a remote village in Morocco, what he would do if he had more money. He said he would buy more food. Then we asked him what he would do if he had even more money. He said he would buy better tasting food. We were starting to feel very bad for him and his family, when we noticed a television, a parabolic antenna, and a DVD player in the room where we were sitting. We asked him why he had bought all these things if he felt the family did
not have enough to eat. He laughed, and said, “Oh, but television is more important than food!”
If you think the cost of rent and house prices affect the standard of living then so should the availability of TVs and internet.
[1] http://www.amazon.com/Poor-Economics-Radical-Rethinking-Poverty/dp/1610390938 http://www.amazon.com/Poor-Economics-Radical-Rethinking-Pove...