He who attempts to draw any conclusion whatever as to the nation's wealth or poverty from the mere fact of a favorable or unfavorable Balance of Trade, has not grasped the first fundamental principle of Political Economy. — Ernst Engel Copy Share Image
The poorer is a family, the greater is the proportion of the total outgo which must be used for food... The proportion of the… — Ernst Engel Copy Share Image
He who attempts to draw any conclusion whatever as to the nation's wealth or poverty from the mere fact of a favorable or unfavorable… — Ernst Engel Copy Share Image
With rising incomes, the share of expenditures for food products declines. The resulting shift in expenditures affects demand patterns and employment structures. — Ernst Engel Copy Share Image
