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Why High-Income Households Benefit More From Product Innovations

As a result of all the competition in the craft beer market, craft beer prices are rising more slowly than big-name beers, which are largely consumed by poorer people.
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As a result of all the competition in the craft beer market, craft beer prices are rising more slowly than big-name beers, which are largely consumed by poorer people.

Copyright 2016 NPR

Shankar Vedantam
Shankar Vedantam is NPR's social science correspondent and the host of Hidden Brain. The focus of his reporting is on human behavior and the social sciences, and how research in those fields can get listeners to think about the news in unusual and interesting ways. Hidden Brain is among the most popular podcasts in the world, with over two million downloads per week. The Hidden Brain radio show is featured on some 250 public radio stations across the United States.