{"id":21073,"date":"2022-06-15T11:32:44","date_gmt":"2022-06-15T09:32:44","guid":{"rendered":"https:\/\/dignitynews.eu\/?p=21073"},"modified":"2022-06-15T15:36:50","modified_gmt":"2022-06-15T13:36:50","slug":"james-bonds-salary-does-not-keep-up-with-inflation","status":"publish","type":"post","link":"https:\/\/dignitynews.eu\/en\/james-bonds-salary-does-not-keep-up-with-inflation\/","title":{"rendered":"James Bond’s salary does not keep up with inflation"},"content":{"rendered":"
Service prices in the best restaurants in France from the 1950s grow faster than agent 007’s salary.<\/strong><\/h5>\n

Lee A. Craig, Julianne Treme and Thomas J. Weiss wrote \u201cLicense to Dine: 007 and the Real Exchange Rate\u201d analysis. Ian Fleming’s James Bond books describe as many as 500 of his meals, an average of 12 in each novel.<\/p>\n

There are over 100 restaurants listed in the Agent 007 novels, nearly two-thirds of which are in operation today, or at least until the 2020 pandemic.<\/p>\n

The researchers compiled a price database of 18 restaurants where James Bond had a meal. They include L’Oustau de Baumani\u00e8re from Les Baux-de-Provence and Le Grand V\u00e9four from Paris, both with three stars.<\/p>\n

Researchers also collected data for the years 1953\u20132019 on the wages of people from the British civil service from level 7 (Grade 7 salaries), i.e. one which also included the famous agent 007.<\/p>\n

The analysis shows that the prices of services in French restaurants grew faster than the agent’s income during the considered period. To eat in a fancy restaurant once a week in the 1950s and 1960s, James Bond would have to spend 18% of his salary. Meanwhile, the same “basket” of meals after the introduction of the euro in France (i.e. after 2002) would cost as much as 26% of the earnings of the famous agent, and at the end of the analyzed period, even a third of his salary.<\/p>\n

For those interested in the earnings of her Majesty’s secret agent, the authors report that in the book \u201cMoonraker\u201d from 1955, Fleming wrote that Bond received \u00a3 1,500 a year. This is more than three times the average salary in Great Britain (\u00a3 434). Agent 007 was paid a salary that placed him among the few per cent of the highest-earning Britons. For comparison, currently, in Poland, a threefold salary of the national average would amount to approximately 21,000 PLN per month.<\/p>\n

Aleksander Pi\u0144ski, economic journalist, author of book reviews and reviews of the latest economic research order<\/p>\n","protected":false},"excerpt":{"rendered":"

Service prices in the best restaurants in France from the 1950s grow faster than agent 007’s salary. Lee A. Craig, Julianne Treme and Thomas J. Weiss wrote \u201cLicense to Dine:…<\/p>\n","protected":false},"author":7,"featured_media":21047,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[43],"tags":[],"class_list":["post-21073","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"yoast_head":"\nJames Bond's salary does not keep up with inflation - Dignity - DignityNews.eu<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dignitynews.eu\/en\/james-bonds-salary-does-not-keep-up-with-inflation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"James Bond's salary does not keep up with inflation - Dignity - DignityNews.eu\" \/>\n<meta property=\"og:description\" content=\"Service prices in the best restaurants in France from the 1950s grow faster than agent 007’s salary. 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