"It is constantly reported that the price of attending college is rising. In a time when inflation has been prevalent, what does that actually mean? To put the cost of higher education in perspective, compare it to two of the other important expenses we face: medical care and housing. Between 1987 and 2008, the cost of healthcare increased by 5.0% per year on average and the cost of housing...
Real (Inflation-Adjusted) Petroleum Prices
"William Baumol et al. (1989) calculated the price of fifteen resources for the period 1900–1986 and found that until the 'energy crises' of the 1970s, there was a negligible upward trend in the real (inflation-adjusted) prices of coal and natural gas and virtually no increase in the price of crude oil. Petroleum prices catapulted in the 1970s and 1980s under the influence of the Organization of Petroleum Exporting Countries (opec). After that, as Figure 1 shows, real oil prices returned to their historical levels, until 2003, when oil prices increased significantly again."
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