How Would You Like to Buy a Model A Car for $850? | Liberty RoundTable Live

Discover the fascinating history behind the first Ford Model A car sale for just $850 and how it sparked a revolution in the automotive industry! In this episode of Liberty RoundTable Live, Sam Bushman explores the story of Dr. Ernst Pfenning, the Chicago dentist who purchased the first Model A from the Ford Motor Company in 1903, and how this milestone led to Ford’s rapid success and the birth of the assembly line. Learn how Ford’s innovations made cars affordable and accessible, transforming personal transportation and global industry. Sam also breaks down the impact of inflation and the Federal Reserve on car prices, comparing the value of silver then and now, and reveals how Henry Ford’s introduction of the $5 workday changed labor standards forever. Key topics covered: The first Ford Model A sale and its historical significance The evolution of car prices from 1903 to today The role of silver and inflation in purchasing power Henry Ford’s $5 workday and its impact on wages Why free market principles, not government mandates, drive fair wages Perfect for history buffs, car enthusiasts, and anyone interested in economics or the legacy of Ford, this video offers insightful commentary and thought-provoking analysis. Subscribe to Liberty RoundTable Live for more engaging discussions on history, economics, and liberty!