Patrick, according to one inflation calculator, based on the
Consumer Price Index (not exactly the same as inflation),
what cost $1 in 1960 would cost $6.68 in 2006. This is based
on a general index and is not an accurate way to proceed, but
it gives a general idea. I emphasize that there is no a
priori reason why books or any single commodity should
inflate according to a general index.
If you want to try other calculations, the link is:
http://www.westegg.com/inflation/
which has other useful links.
Best,
mrt
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