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A nifty little application from the American Institute for Economic Research, you can use the COL Calculator to compare the cost of an item today to what it cost when, say, you were a kid. For instance, I remember gasoline in 1965 costing as little as 19.9 cents/gallon. In 2005 dollars, that's 122.9 cents/gallon. Since gas is about twice that right now, it *really is* more expensive. (On the other hand, in 1960 the cost of a three-minute telephone call from New York to London was about $45.86....) The site also has an interesting "Annual Report on the Cost of Living" which goes into the concepts in more detail (linked at the bottom of the page). From This is True for 16 October 2005 Suggestions for further reading:
 by Phil Town Amazon Price: $16.19 Customer Review: All these reviews sound like they're written by the same person -- and there's no substance whatsoever. Reading the reader reviews has given me the impression that this is a scam book -- too much hype, not enough substance. How can this be a best-sel...  by Chip Heath, Dan Heath Amazon Price: $13.00 Customer Review: Fantastic book, with well written examples and practical explanations about behaviour change. recommended for anyone who has to ever struggled with implementing change on a personal or managerial level.  by Malcolm Gladwell Amazon Price: $11.74 Customer Review: No, it [excellence] doesn't start with talent, it starts with love. ---Malcolm Gladwell on Jimmy Kimmel Live (1-13-09) Luck is what you have left over after you give 100 percent. --Langston Coleman --- The ...  by Greg Mortenson, David Oliver Relin Amazon Price: $9.36 Customer Review: I've read many climbing books, but none of them really captured the culture of the communities surrounding the mountain like Three Cups of Tea. As noted by many other reviewers, this book is not about climbing, but rather one man's quest to build sc...  by Harry Markopolos Amazon Price: $16.34 Customer Review: As a daughter of Madoff investors and an active member of the Network for Investor Action and Protection ([...]) an organization founded by those whose lives and families were turned upside down by the events of December 11, 2008, I want to take thi... Newsfeed display by CaRP |
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