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Old 02-14-2015, 06:52 PM
abothebear abothebear is offline
George E.
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Join Date: Feb 2011
Location: Birmingham, Alabama
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using the calculator at http://www.measuringworth.com/uscomp...ativevalue.php it looks like it would be about $9 today according to their straight commodities algorithm. But that was half a day's wage for unskilled labor back then. Their labor value algorithm puts the 50 cents comp at $60. But their Economic Power comp, which measures the relative influence 50 cents had in the economy, equates it to the economic influence of $1000 today... If I am reading their site correctly.

Last edited by abothebear; 02-14-2015 at 06:55 PM.
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