Mr. Darcy’s Ten Thousand a Year

Re:Mr. Darcy’s Ten Thousand a Year by orkon on Thursday July 25, 2019 @05:40AM (#20523954)

I think I have read somewhere that inflation in the end of the 17th - first half of 18th century was almost zero or there was even a deflation. I may be wrong. Maybe someone has a good source?

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Re:Mr. Darcy’s Ten Thousand a Year by dtjohnnyb on Thursday July 25, 2019 @06:01AM (#20524057)

The book mentioned in the article, Capital in the 21st Century, shows this in really interesting detail. I can't remember the details myself, but the idea we have of inflation being normal is actually highly abnormal in the history of humanity. Can't recommend the book enough, really interesting to see how unique the last 100 years of high growth is compared to history due to the world wars and how we may be returning to "normal" levels of inequality.

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Re:Mr. Darcy’s Ten Thousand a Year by orkon on Thursday July 25, 2019 @06:30AM (#20524202)

Yes, it was from this book I believe. Also found this http://researchbriefings.files.parliament.uk/documents/RP03-... where it seems like retail prices where relatively stable at that time.

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Re:Mr. Darcy’s Ten Thousand a Year by TMWNN on Sunday July 28, 2019 @02:09PM (#20548927)

I've read that from the early 1600s to World War I England had net zero inflation.

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