Recently I’ve been involved in a couple of online discussions about the cost of a nutritious diet. The crucial issue is why poor people in rich countries seem to have such unhealthy diets. One argument is about the cost of food. Another is about everything other than cost: knowledge, equipment, time, conditions.
My own opinion is that given all those other things, the externalities, a nutritious diet is actually not that expensive. But that’s just an opinion, so I went looking for information, and found it in a paper entitled Using the Thrifty Food Plan to Assess the Cost of a Nutritious Diet, published in the Journal of Consumer Affairs in 2009. The very first sentence of that paper is:
How much does a nutritious diet cost?
Parke Wilde, author of that paper, is an agricultural economist at the Friedman School of Nutrition Science and Policy at Tufts University in Boston, and I really enjoyed talking to him for the podcast.