Quote:
Originally Posted by DrNefario
Apparently $1.30 in 1914 would now be worth $30.93, which is not all that bad a price for a nice edition of a book, I don't think.
Edit: I should probably credit http://www.usinflationcalculator.com/ as my source for that figure. |
I was just there for other reasons.
The calculator does not take Technology advances into the mix.
I remember the first RCA color TV's (Round picture tube) in the 1950's. $600-900. Almost the price of a Automobile.
Today you can get a HDTV with a similar picture area for under $100 (and you can carry it with 1 hand
)
in 1914, many books were probably set in Hot and Cold type with photo engraving used for illustrations.
Offset lithography might have been an option when many illustrations were needed, but setting an entire book that way would have been very expensive in labor.