Tuesday, September 6, 2011

What Price Dai-San by Eric Van Lustbader

Another $1.00 book I bought at the Half Price spinner rack, Dai-San is the third in the Sunset Warrior trilogy. The copy I have is a fifth printing from 1982 that costs $2.75.

What is the old rate of inflation eh? In terms of growth, you always hear about, say 3% a year is good growth. Would that bring this book into the 2011 price that most paperbacks are, the $9.99 reach? Short answer, no. With a 3% increase from 1982 to 2011, $6.48 is the magic number. The book looks like it would have something like a 400% increase no? Well, if it was $2.50 (x2 = $5.00, x3 = $7.50 and x4 $10.00) I'm sure there are some 'real numbers' out there, but as things continue to go up hundreds of % in a short span of years, think about the effect these purchases have on your income. I can't speak for everyone, as I've only be in the working field since I was oh, 16 but I don't make 400% of what I did then and hey, minimum rate isn't 400% of what it was then either.

Keep looking for the inexpensive buys and keep fighting the voices the tell you X must cost Y.
year  price 
1982  $       2.75
1983  $       2.83
1984  $       2.92
1985  $       3.00
1986  $       3.10
1987  $       3.19
1988  $       3.28
1989  $       3.38
1990  $       3.48
1991  $       3.59
1992  $       3.70
1993  $       3.81
1994  $       3.92
1995  $       4.04
1996  $       4.16
1997  $       4.28
1998  $       4.41
1999  $       4.55
2000  $       4.68
2001  $       4.82
2002  $       4.97
2003  $       5.12
2004  $       5.27
2005  $       5.43
2006  $       5.59
2007  $       5.76
2008  $       5.93
2009  $       6.11
2010  $       6.29
2011  $       6.48