Some Oxford egghead did a study on worldwide Kalashnikov prices; you can read his working paper here. Short version: AKs are cheap in Africa. Also, water is wet and fire burns. But hey, if you have trouble sleeping tonight, just try reading the full report. I’m a gun nut with an econ degree, and even I found it intensely boring.
On a related note, did you know that we in the US pay a federal excise tax on guns? 10% for handguns, 11% for long guns and ammunition. All revenues go to the Fish and Wildlife Service. It’s hardly a secret, but I’ve talked to plenty of shooters who didn’t know it existed.
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