Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts
Thursday, August 10, 2017

Ticket to Disneyland in 1955 vs 2017---which is a better "value"?

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This ticket to Disneyland in 1955 cost $1.00.  In 1955 the minimum wage was $.75 (75 cents) , so it took 1.33 hours of labor to earn enough ...
Friday, July 14, 2017

A 1967 Wrigley Field Menu Board and Inflation.

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Found this HERE It shows a menu board for concessions and game tickets at Wrigley Field in Chicago for the year 1967 (relying on informati...
Saturday, November 19, 2016

Cost of Thanksgiving Day Meal in Minimum Wage Terms...

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The American Farm Bureau has published its "annual informal price survey of classic items found on the Thanksgiving Day dinner table...
Saturday, October 15, 2016

Calculating a Price Index and Rate of Inflation.

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Calculating a "Market Basket" for purposes of creating a "Price Index" is tough for many students. I am going to try t...

Calculating a Price Index and Rate of Inflation.

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Calculating a "Market Basket" for purposes of creating a "Price Index" is tough for many students. I am going to try t...
Thursday, September 29, 2016

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Found this on a Twitter account I follow--- Restaurant News . (It has some great stuff for analyzing Microeconomic concepts from an industr...
Friday, August 5, 2016

Adjusting for inflation, how have 4 major Chicken Fast Food Restaurants fared since 1991?

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I saw the graphic below on a twitter account I follow from Nations Restaurant News . The numbers you see are in "millions"--put ...
Monday, July 4, 2016

Theme Park Price Index and the Disney Effect.

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I saw this line graph on my Twitter feed from the FRED data bank. It shows the change in the price index for "Amusement and Theme Parks...
Tuesday, October 7, 2014

NFL prices in 1989 and today. Nice lesson on Inflation.

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I found this on Twitter (I do not have the original link). Shows how much a Season Ticket Package for all the NFL teams cost in 1989 (or i...
Friday, October 3, 2014

Having fun with 1938 prices.

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Nice graphic showing a cross-section of prices in 1938 ( Link HERE) .  How have things changed? Source: Classic Pics on Twitter Here a...
Sunday, June 1, 2014

"Food Inflation" is on its way in 2014. But the reason for it is not what you may think it is.

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"Food inflation" is likely on its way to the US, and the world for that matter. When we here the word "inflation" the ...
Wednesday, May 7, 2014

Purchasing power of money and McDonalds. Let's go back to the Disco Era

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This menu board I posted yesterday gives me food for thought (pardon the pun).  It makes it easy to compare the purchasing power of wages...
2 comments:
Thursday, December 19, 2013

How much would it cost to buy the items in the song "The Twelve Days of Christmas"? See them here and how they have changed over time...

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Every year for the past 30 years the bank PNC has compiled the prices of the items contained in the traditional Christmas song "The Tw...
Tuesday, May 21, 2013

Food prices in 1913 and today. Which do you think is a better deal? More convinced than ever that there are no Good ol' Days--except for the ones we are in now...

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The data below are from a BLS report on prices.  It shows basic food staples as they were priced in 1913 and in 2013. The total market bas...
Saturday, November 24, 2012

Average hourly wages for large retailers. How accurate are they??

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I have not worked retail in quite some time. I would appreciate anyone seeing this and have worked for any of these companies (or in similar...
1 comment:
Wednesday, November 21, 2012

A Thanksgiving Day meal costs 71% more compared to 1986 but it takes the average worker TODAY 45 minutes less to earn the money for that meal. This must mean we are better off, right?

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Have to give an economics twist on the holiday. A requirement for an Econ teacher. Here are a couple of graphics from The Conversable Econ...
Wednesday, August 29, 2012

Nice Infographic showing the decrease in the size of packaging for some of your favorite products. Inflation without an increase in price. I feel ripped-off.

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This infographic illustrates "hidden" inflation that may not adequately captured in the governments compilation of the Consumer Pr...
1 comment:
Wednesday, April 27, 2011

A nice primer on Inflation and who it hurts and who it helps...Yes, inflation can be your friend...

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Inflation-talk is the rage right now, domestically and internationally. It is still open to debate whether we are  in the midst of the class...
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