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Thursday, July 22, 2010

Free market in action

A story in WorldNetDaily shows how the free market works:

At the time, he had never heard of Kyle MacDonald, a Canadian who made international headlines when he traded a red paperclip for a two-story farmhouse through a series of transactions in 2005 and 2006. MacDonald blogged and wrote a book about the adventure, spawning many copycats.

Steven was not one of them.

The teen said most of the people he trades with aren't after something for nothing.

They are simply looking to get rid of an item they don't need in exchange for something they do. And they often can get a better deal than if they sold the item for cash.

Yes, this 17 year old has a bright future ..... just not in government.

Imagine bartering a dead cell phone into a Porsche. Sure, it took him 15 different transactions, but young Steven Ortiz did what folks do all the time: trade something they have for something they find more valuable.

Wish we had more of that going around.

pm

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