The cost of living is determined by affordability and availability. When we say energy, food, or housing are affordable we mean that the prices charged for energy, food, or housing are within the range we can afford to pay. The amount we can afford to pay depends on how much we earn. So, first off, the cost of living is dependent on affordability, which in turn is related to access to jobs and the rate we are paid to perform a service. Affordability isn’t directly measured by availability, but if a product isn’t easily available the price will be higher. So indirectly, affordability does relate to availability. Economics has long taught that supply and demand determine the pricing of goods and services. If supply is low, the price will be high. Continue reading “The Cost of Living”
A luminous void for sky, not quite white and not quite grey. Wind, and a spattering of rain. A shiny gloss on the leaves, long yearned for. And a picture-perfect setting, down here, where the trail bottoms out.
Here is where the stream emerges briefly from a tangle and pauses alongside a great, gnarly, dragon-headed log, before wandering off into further tangles. The water is still, clear and shallow; the mud-bank reddish-brown.