Healthier food Cheaper than Junk food?
As obesity is on the rise in Britain and there is much debate on what is causing this. One popular belief is that the expense of healthy food is driving poor nutrition and obesity.
This week the Institute of Economic Affairs (IEA) released a study, which compared the prices of a 78 common food and drink products, to find out if the theory was correct.
In fact the study found that healthier options are mostly cheaper than less healthier choices. Therefore IEA concluded that cost is not a causing factor to the rise in poor nutrition and obesity. They also added that these results suggested that increasing taxes and subsidies to incentivise better nutrition would likely be unsuccessful.