How Much Is That in Real Money? A Historical Price Index for Use As a Deflator of Money Values in the Economy of the United States.

Examines the dangers and strengths of commodity price indexes, from their use in the comparison of prices to their utilization in public policy planning. Discusses and displays price indexes for the United States, 1700-1991, and Great Britain, 1600-1991, and provides American Revolutionary War currency depreciation tables and a chart of the expansion and contraction of the American economy from 1701 to 1838.