econintersect.com
       
  

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.



posted on 16 August 2017

The Cost Of Light Through The Ages

from Statista.com

-- this post authored by Guido Mingels

Could all historians please just turn their attention away for a short moment?! Let's talk straight: All man had achieved before 1800 isn't really worth mentioning. Easy peasy stuff.


Please share this article - Go to very top of page, right hand side, for social media buttons.


For thousands of years nothing really happened. These days, you visit a museum and are expected to marvel at an ancient plow or a knight's armor, when back then they didn't even have electric lighting. No switch, anywhere!

The history of artificial lighting accompanies and enlightens the Anthropocene, as some call the times from the year 1800 onwards, when mankind started showing off what its real capabilities were. Without light in the coal pits and in the factories, which from then on could be lit at all times, the industrial revolution would have had to have been postponed.

The costs for the production of light, one of the most important enablers of progress, have dropped in a way that is hardly imaginable. The environmental economists Roger Fouquet and Peter Pearson have retraced this development for England.

One hour of light (referred to as the quantity of light shed by a 100 watt bulb in one hour) cost 3200 times as much in 1800 in England than it does today, amounting to 130 euros back then (or a little more than 150 dollars). In 1900, it still cost 4 euros (close to 5 dollars). In the year 2000, we arrived at a cost of 4 euro cents (5 U.S. cents).

You can also put this into relation with the amount of time that an average worker needed to labor during different ages in order to earn enough for the 100 watt bulb to glow for an hour - just like the economist William Nordhaus has done in one of his classic essays.

The people of Babylon, in 1750 B.C., who used sesame oil to light the lamps, had to work for 400 hours to produce the said amount of light. Around 1800, using talcum candles, 50 hours needed to be invested. Using a gas lamp in the late 19th century, 3 hours were due. Using an energy saving bulb today, you will have to work for the blink of an eye - a second.

Infographic: The Cost of Light Through the Ages | Statista You will find more statistics at Statista.

>>>>> Scroll down to view and make comments <<<<<<

Click here for Historical News Post Listing










Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.




Econintersect Contributors








search_box
Print this page or create a PDF file of this page
Print Friendly and PDF


The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.







Keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government





























 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved