Price/Cost Indexes from 1875 to 1989

Project Gutenberg's Price/Cost Indexes from 1875 to 1989, by United StatesThis eBook is for the use of anyone anywhere at no cost and with almost no restrictions whatsoever. You may copy it,give it away or re-use it under the terms of the Project Gutenberg License included with this eBook or online atwww.gutenberg.netTitle: Price/Cost Indexes from 1875 to 1989 Estimated to 2010Author: United StatesRelease Date: June 20, 2008 [EBook #88]Language: English*** START OF THIS PROJECT GUTENBERG EBOOK PRICE INDEXES FROM 1875 TO 1989 ***Price/Cost Indexes from 1875 to 1929byUnited StatesOctober, 1993 expanded for release in November, 1993[Originally published as a column entitled:THE RATE OF CHANGE OF THE RATE OF CHANGE by Michael S. HartIn The Electronic Journal of Virtual Culture]WHILE IT APPEARS THAT COMPUTERS ARE AN INCREDIBLE DEAL THEY ARE REALLY TWICE AS GOOD A DEAL AS IT SEEMS TO BECOMPUTERS INCREASED IN VALUE TWICE AS MUCH AS IT APPEARS SINCE THE FIRST CONSUMERHARD DRIVES BECAME AVAILABLE IN APPROXIMATELY 1979WHERE DOES OUR MONEY GO?Many of you are aware that the $3,000 you spent on computers last year could be replaced by $2,000 spent today.However, only recently have I actually purchased computer gear that I bought with dollars that were only half as valuableas those with which one of my drives was purchased in 1979.Many of you are aware that the average personal computer was $5,000 - $10,000 some 10 - 15 years ago when Applesand IBMs first ...