User talk:Hupaleju
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Inflation
[edit]Hi Hupaleju, I notice you've been adding inflation figures to a few articles. In some cases it might not be a great idea. I don't know of any centralised discussion on how to use inflation figures, but there was some talk at Wikipedia:WikiProject Military history/Assessment/Kenilworth Castle on how to use them. The source I've seen used most often is http://measuringworth.com/ukearncpi/ but the equations only go back as far as 1264. For this reason I've undone your edit to Peveril Castle, and people have reverted your additions to a couple of other articles. Reliable figures would obviously be useful to a reader, even a rough estimate, but the further back in time you go the trickier it is. Nev1 (talk) 12:51, 17 March 2011 (UTC)
- I agree! There was a discussion not so long ago at Wikipedia_talk:Featured_article_candidates/archive47#US_inflation_templates which more or less concluded that sums from earlier than about 1850 should not be converted in this way, which I think is about correct. Before that the effective different rates of inflation for different types of amounts make the whole thing too misleading. Johnbod (talk) 15:22, 17 March 2011 (UTC)
- With all due respect, I think the worries expressed in that discussion are vastly overstated. The role of inflation templates is to convert a notional amount in, say, 1850 to the equivalent amount for e.g. 2010, and the best way to do this is using final consumer prices (because they're familiar to the average reader, and--more abstractly--because consumption ultimately drives all economic activity). Yes, the relations between different "types" of amount could and did change over time, but these are real relations which are entirely unrelated to differences in the unit of account. For instance, if real interest rates were higher in 1850 than 2010, this means that the economy of 1850 was more "present-oriented" and less "future-oriented", in a precise sense. This has pervasive consequences on cost of durable assets, return on invested capital, etc. Similarly for other changes such as price of real estate, precious metals, food commodities, and the like. Hence, some real values are going to look slightly unfamliar from the POV of a contemporary reader. But this is a genuine difference in the structures of production at any given time, not a matter of measurement. --Hupaleju (talk)
Hi,
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).css( listed at Redirects for discussion
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An editor has asked for a discussion to address the redirect ).css(. Since you had some involvement with the ).css( redirect, you might want to participate in the redirect discussion if you have not already done so. � (talk) 13:35, 10 July 2018 (UTC)