Measuring economic worth over time

The measurement of economic worth over time is the problem of relating past prices, costs, values and proportions of social production to current ones. For a number of reasons, relating any past indicator to a current indicator of worth is theoretically and practically difficult for economists, historians, and political economists.

Source: Wikipedia — Measuring economic worth over time (CC BY-SA 4.0)

Measuring economic worth over time

The measurement of economic worth over time is the problem of relating past prices, costs, values and proportions of social production to current ones. For a number of reasons, relating any past indicator to a current indicator of worth is theoretically and practically difficult for economists, historians, and political economists.

Source: Wikipedia "Measuring economic worth over time" · CC BY-SA 4.0

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