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Professor: Westeros affected by the economic decline in the new Game of thrones

On the continent of Westeros is a gulddrake host 210 silverhjortar. A silverhjort is, in turn, host 56 copper coins. But what are they worth in real, contemporary money?

Professor Rodney Edvinsson, who specialises in macro-economic history from the middle ages to the present day, can provide the answers. He has constructed a special ”Game of thrones”-prisomräknare that shows the value of the money used in the author, George RR Martin's books and the popular tv series.

" I have done it as a pedagogical tool. If it was real history, how could we count then?

previously published historical estimates, among other things, on the Swedish money, from as early as the 1200s. On his site,, can you compare what the different coins – silverdaler, money, skilling banco – is worth in today's money.

Westeros has a coinage set forth with the three metals, just as Sweden had years 1624-1776. And the fiction and the currency is analyzed with the same methods. Rodney Edvinsson noted the prices of commodities in different transactions and added a jigsaw puzzle, based on observations about the value of money at given times. The calculations show that a gulddrake the equivalent of approximately 80.000 dollars a day.

some figures mentioned in the books and the series is indeed pure fantasy-sums.

– for example, You can reflect on the amount of the prize in a tournament, the 100,000 gulddrakar, which would correspond to sek 80 billion. What you may think is extravagant, but we have always put a lot of this kind of spectacle, " says Rodney Edvinsson.

done is to köttpriserna in Westeros is remarkably high. Probably a consequence of the irregular seasons.

– If you had these long movements in the weather so it would affect the rate of the economy.

another conclusion is that Westeros seems to have undergone a long period of falling prices, deflation.

– There are some signs that prices fell during the 100 years before the events in the books. This also happened in England during the middle ages. The fall in prices was a result of the black death and the population shrank, which led to a rising value of silver and gold. It ended with the wars of the roses, " says Rodney Edvinsson.

with the national debt in Westeros. According to Rodney Edvinssons calculations have Järntronen – centralstyret on the continent – borrowed 6 million gulddrakar in the beginning of the series. It would be equivalent to 20% of Westeros gdp. To compare with Sweden's debt at the end of Karl XII's wars, which was 40 percent of gdp.

the Problem for the queen she loathes her Lannister, who are challenged by the kronpretendenten Daenerys main differences, is that the debt rises.

– It may be the economy that drags down she loathes her now. If Järnbanken don't get paid, perhaps it supports some other. Then comes the winter, and create other economic conditions. It can change the different relationships here.

would give is to start a myntförsämring, therefore, that the crown gives out diluted gulddrakar and silverhjortar with lower value.

– If you need to quickly finance the war, then it is so rulers have done historically. Since then, it has been harmful for the economy in the long term, and led to the uprisings which have been given to manage.

”Game of thrones”, says Rodney Edvinsson, is largely based on historical events and real-world conditions.

" I hope that prisomräknaren can increase the attractiveness of the historic penningförhållanden.

Read more: So good was the new episode of Game of thrones

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