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Ernst Engel

Ernst Engel

German statistician who discovered the pattern

Appears in 1 story

Stories

The disappearing necessity budget

Money Moves

Deceased (1821-1896)

In 1901, the typical American family spent 80 cents of every dollar on food, clothing, and shelter. Today that figure is under 50 cents. The remaining half now flows into healthcare, entertainment, education, transportation, and services that barely existed a century ago.

Updated Jan 23