Posted by Ken on November 03, 1997 at 09:56:25:
In response to At Last a Source that Actually Will give A Conversion (money), written by Cassia on November 01, 1997 at 16:16:58
By one means or another most peers contrived to make at lest L5,000 a year, the rough equivalent L300,000 today
] So a Regency pound would be worth about twelve pounds in this calulation.
Am I missing something? 300,000/5,000 = 60, not 12, right?
Incidentally, Braudel gives the per capita income at this time as between 15 and 17 pounds. If anyone is interested, I'll try to copy out some of his discussion. It's from his 3 volume set on the rise of capitalism.
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