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Poverty premium: Why it costs £736 a year more to be poor (www.bigissue.com)

submitted 21 hours ago by okwithmydecay@leminal.space to c/unitedkingdom@feddit.uk

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[–] Zombie@feddit.uk 16 points 21 hours ago

Pretty much boots theory.

The Sam Vimes theory of socioeconomic unfairness, often called simply the boots theory, is an economic theory that people in poverty have to buy cheap and subpar products that need to be replaced repeatedly, proving more expensive in the long run than more expensive items.

https://en.wikipedia.org/wiki/Boots_theory