Wages in 1595 were 45% higher than in 1960

Ashok V. Desai in The Telegraph, Calcutta:

“In 1972, I took time off from work and taught in Delhi School of Economics. Once when I was browsing in the bookshops close by, I came across Abu’l Fazl’s Ain-i-Akbari. There I saw some statistics of the Mughal empire. I compared them with recent ones, and concluded that the average real wage of Akbar’s courtiers was 45 per cent higher than the average Indian real wage in the 1960s.”

Read the full article: Foibles of historians