Civil War Food Prices Were Lower Than Those of Today

Between 1861 and 1863, the Civil War caused huge percentage price jumps. Eggs went from 15 to 25 cents per dozen, cheese from 8 to 18 cents per pound, and a bushel of potatoes from $1.50 to $2.25.

But if the prices were actually lower than they were in 1918, why was there so much more economic anger about prices during the Civil War than during World War I? Because during the Civil War, income and wages were doing a much worse job at keeping pace with inflation.

Ostensibly the lesson here for the present day would be that politicians should try their best to insure that wages go up. Yet in 2016, American middle-class incomes reached their highest levels ever, yet the presidential election reflected seemingly the opposite result.

Civil War Food Prices Were Lower Than Those of Today

From Sunday, January 9, 1918

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: