Word: giffen
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Dates: during 1900-1909
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Score-Harvard, 6; Brown, 0. Touchdown - Knowlton. Goal - Barnard. Umpire-A. Bull, of Pennsylvania. Referee - Edwards, of Princeton. Timekeeper-Wood, of B. A. A. Linesmen-McGlensey, of Harvard, and Giffen, of Brown. Time - 20 minute halves...
When the statistics of the cost of living have been perfected we shall have the best idea of real wages, for these figures would give us the most trust-worthy and accurate record of the proportion in which commodities have been consumed. Engel and Giffen have both made valuable contributions to the statistics of the cost of living. An Italian statistical table, published in 1898, is interesting in showing the increase in the purchasing power of labor. The table which entends from 1871 to 1895 gives the number of hours of labor necessary to purchase 100 Kilograms of wheat...
...first part of this century was a period of marked decline in prices, as is shown by the tables of Parker and Levi in which the price of flour is shown to have been reduced in 1865 to one quarter of that of 1800. Giffen, in his table published in 1885, shows the range of prices from 1839 to 1884 and makes the statement in his introduction, that the condition of the workingman has improved vastly, since the purchasing power of money has doubled and he is earning an increase in wages of from forty to sixty per cent. Comparing...