To be sure, the time between Jesus and the New Testament could have produced (and did) a largely fictional story--as Price contends--but could it have produced multiple, independent fabrications from unrelated groups? Evidence from analogous cases from the first century--such as the fantastical stories surrounding Vespasian, or Apollonius of Tyana both of whom apparently really lived--would suggest not.
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Price also gives too much credence to the idea that the gospels were written later than is generally supposed (e.g. his contention that Marcion included an earlier version of Luke into his New Testament rather than a redacted version of the canonical Luke). The evidence provided by the last couple of centuries seems too firm to allow this. This resort to late composition also implies sloppiness in the effort to validate the mythological Jesus, for if one posits the conflation of Simon/Peter and the other apostles as independent messiahs into the figure of Jesus based on late composition, one must also address obvious problems, such as how John the Baptist's story survived relatively intact.
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The record we have from non-Christian sources, while late, point toward an actual person named Jesus, whose life generally matches--at least in its most broad outline--what is said by the earliest Christian sources. To suppose that all of these sources are mistaken does a certain violence to the texts that is unmerited. While, perhaps, Jesus was created by the early Christian communities, Price does not yet convince.