DESCARGA
Price/Cost Indexes from 1875 to 1989; Estimated to 2010
Sinossi
This scientific work by Michael Hart surveys how price and cost indexes changed from 1875 through 1989, with projections extending to 2010. It focuses on long-term shifts in the value of the dollar and how inflation alters purchasing power and perceptions of what different goods and services cost across time. Early in the publication, the author connects these index trends to developments in consumer electronics, using computers as an example. The discussion highlights how computer value rose from the late 1970s while prices and costs in other areas moved under inflationary pressures, contrasting performance gains with changes in costs.
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