4 ms·
Many prices of goods are not dissimilar numbers to the numbers on Australian or American prices now. Print of beer 4, or a bottle of wine 8 to 20. This reminds
by dannywarner 5y ago
Many prices of goods are not dissimilar numbers to the numbers on Australian or American prices now. Print of beer 4, or a bottle of wine 8 to 20. This reminds me of The Economist Big Mac index (https://www.economist.com/big-mac-index https://www.economist.com/big-mac-index). The income is of course lower, however.
- TMWNN 5y ago>The income is of course lower, however. Yes, but perhaps not as much as one might expect. Relevant Reddit post: TIL that the Roman Empire in the year 150 was so wealthy that all of Western Europe may not have equaled its GDP until 1500 (<https://np.reddit.com/r/todayilearned/comments/3prsxr/til_that_the_roman_empire_in_the_year_150_was_so/ https://np.reddit.com/r/todayilearned/comments/3prsxr/til_th...>)
- hogehoge51 5y agoI was hoping someone would take this data and calculate an approximate Big Mac index. I big difference is the price of poultry vs beef, perhaps indicative of the industrialisation potential of poultry farming vs beef farming that has since been realised.