How Much Is That in Real Money?: A Historical Commodity Price Index for Use As a Deflator of Money Values in the Economy of the United States

By John J. McCusker

McCusker (history, economics, Trinity University) presents a consistent commodity price index useful for converting prices from any time in the American past, as far back as 1665, to their comparable value in today's dollars. In an introduction, he explores the theory and practice behind the constru

• Format: Paperback
• Language: English
• ISBN: 1929545010
• ISBN13: 9781929545018
• Release Date: January 2001
• Publisher: Amer Antiquarian Society
• Length: 142 Pages
• Weight: 0.50 lbs.
• Dimensions: 8.8" x 0.5" x 6.0"

Customer Reviews

Excellent book to see if your salary keeps up with inflation

Excellent statistical narrative that will allow you to gauge your home appreciation or weekly salary wrt the consumer price index. The results can be quite fascinating. For instance the 35 cent a gallon gasoline in 1973 should be 1.35 today. Or a 15,000 home in 1960 should be 87,000 today. For those penny pinchers like myself who are always trying to second guess the platitudes of our company pay raise proposals, this book will allow you to keep em straight. The primary shortcoming with this book though is that it ends in 1991. A revision really does need to be published yearly or otherwise each additional year after 1991 most be interpolated individually. Mr McCusker please update next year.