Liberty is an inherently offensive lifestyle. Living in a free society guarantees that each one of us will see our most cherished principles and beliefs questioned and in some cases mocked. That psychic discomfort is the price we pay for basic civic peace. It's worth it. It's a pragmatic principle. Defend everyone else's rights, because if you don't there is no one to defend yours. -- MaxedOutMama

I don't just want gun rights... I want individual liberty, a culture of self-reliance....I want the whole bloody thing. -- Kim du Toit

The most glaring example of the cognitive dissonance on the left is the concept that human beings are inherently good, yet at the same time cannot be trusted with any kind of weapon, unless the magic fairy dust of government authority gets sprinkled upon them.-- Moshe Ben-David

The cult of the left believes that it is engaged in a great apocalyptic battle with corporations and industrialists for the ownership of the unthinking masses. Its acolytes see themselves as the individuals who have been "liberated" to think for themselves. They make choices. You however are just a member of the unthinking masses. You are not really a person, but only respond to the agendas of your corporate overlords. If you eat too much, it's because corporations make you eat. If you kill, it's because corporations encourage you to buy guns. You are not an individual. You are a social problem. -- Sultan Knish

All politics in this country now is just dress rehearsal for civil war. -- Billy Beck

Wednesday, May 02, 2012

The Economy in Rifle Prices

A fascinating (for gunnies) economics article from The Market Oracle: It Can't Happen in America?  It Already Did! Excerpts:
I am sure more than one Southern gentleman desired to own the Spencer rifle to protect his hearth and home during this era, but the 1866 Spencer Repeating Arms Catalog shows the rifle in the 44 caliber retailed for a whopping $45.00.

To a present day buyer this may not sound like a lot but let’s put this in perspective; a frame of reference, which will remain constant throughout the rest of the article.

In 1866, according to, the average weekly wage of working Americans was $41.18, (adjusted to 1866 dollar), with the average work week being estimated at sixty-four hours. The results were an hourly wage of $0.64. With this in mind it would take a worker dedicating everything they earned from 70 hours of labor to purchase a Spencer rifle.


In 1870 the Montgomery Wards catalog (of 1870,) advertised the Sharps (?) 7 shot repeating rifle at $50.00 still requiring the American worker to dedicate 59.25 hours a 15% reduction in hours needed to work before purchasing the rifle.


The 1876 Winchester catalog shows the least expensive standard New Model ‘73’ Sporting Rifle with 24 inch barrel in the 44 caliber sold for $45.00; requiring the purchaser to contribute his earning from slightly more than 47 hours of toil before claiming it, as opposed to 70 hours in 1866.


As the end of 1880 approached Winchester Repeating Arms August catalog reports that the Model 73 had been reduced in price by 33% to $30.00 from $45.00 in 1876. The American buying public now was able, with less then twenty-nine and a half hours of labor to purchase a Winchester, down nearly 58% from 1866.
I won't give away the conclusion.  Instead, I urge you to give it a read. 

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