The divergence in the trend of biological and conventional indicators of well-being can be explained... [R]apid population growth and... urbanization… - John Komlos

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The divergence in the trend of biological and conventional indicators of well-being can be explained... [R]apid population growth and... urbanization... increased demand for food at a time when the agricultural labor force grew more slowly than the industrial... and the gains in labor productivity in agriculture... were lagging... Hence food prices rose relative to... other goods. ...Thus while the real wage might actually rise, it often did not rise as fast as food prices...

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About John Komlos

(born 28 December 1944) is an American economic historian of Hungarian descent and former holder of the chair of economic history at the University of Munich.

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The Gallup poll says that half of the population is doing well, 52%... thriving, but the rest are either struggling or suffering... 44% struggling means that they have a very difficult time meeting their obligations. That's not a good economy.
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