Here is a brief article from the Washington Post that argues that home-made food is both cheaper and tastier than fast food. This should be pretty obvious, but I guess most of us are so kitchen-averse that it's not. The author did a panel study with a number of her teenage child's friends to see whether they preferred their typical take-out chain's version or her version of a few classics like the egg mcmuffin or pizza.
The author confirms (though with less information for the reader on the economic calculations, and a slightly more sanctimonious, "why don't the poor just buy a skillet and wooden spoon" tone) what I tried to show in a blog post I wrote last year precisely on the perceived cheapness of McDonald's.
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