what did bishop fleetwood do for economics? - EAS
- Constructing a price indexBishop Fleetwood. William Fleetwood (1 January 1656 – 4 August 1723) was an English preacher, Bishop of St Asaph and Bishop of Ely, remembered by economists and statisticians for constructing a price index in his Chronicon Preciosum of 1707. Contentsen.wikipedia.org/wiki/William_Fleetwood
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Fleetwood showed how much bread, drink, meat, cloth and books could be purchased at the earlier and later dates. He tabulated the changing prices of many commodities and noted that most of the prices grew at the same rate. See more
William Fleetwood (1 January 1656 – 4 August 1723) was an English preacher, Bishop of St Asaph and Bishop of Ely, remembered by economists and statisticians for constructing a price index in his Chronicon … See more
Fleetwood was descended of an ancient Lancashire family, and was born in the Tower of London on New Year's Day 1656. He received his education at Eton and at King's College, Cambridge See more
• A Sermon against Clipping (London, 1694)
• Chronicon Preciosum: or An Account of English Money, the Price of Corn and Other … See moreIn the (anonymously published) Chronicon Preciosum Fleetwood asked, how much would £5 in 1440 buy today? The question (the case) arose because a correspondent would lose the … See more
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