Historical Statistics of the Day
Have you ever wanted to know how much olive oil would have cost you had you lived in Pisa in 1695? Of course you have…and here’s how you can find the answer.
I met Richard Unger at the recent Economic History Association conference and, while I don’t work in the area of medieval history, he and Robert Allen have a fascinating set of global commodity price data available online here.
Oh, and that olive oil would have set you back 19.56 lira per barrel.
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Brandon Dupont, Ph.D. is Associate Professor of Economics at Western Washington University where he teaches economic history, the history of economic thought, microeconomics, labor economics and political economy. He has published on a variety of topics in American economic history and labor economics and is currently working on an undergraduate history of economic thought textbook.