Obama's Victory Pushes Newspaper Bids to $100 a Copyhttp://www.bloomberg.com/apps/news?pid=20601070&sid=aRUzxDm1xKDQ&refer=home
"The sold-out Nov. 5 edition of the New York Times, headlined ``Obama: Racial Barrier Falls in Decisive Victory,'' is attracting bids of almost $100 on Internet auction site EBay. Copies, which cost $1.50 at the newsstand on weekdays, are billed by sellers as a ``serious collectible score.''"..."In the nation's capital, the Washington Post ran a third printing of its election issue, which vanished from some newsstands before dawn on Nov. 5. Collectors snapped up a second run of 350,000 copies that night and yesterday. On Craigslist, sellers are asking $50, a hundredfold markup."
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Funny how people scream "gouging" when gasoline prices rise slightly, but say nothing when when a newpaper price gets "a hundredfold markup." Maybe they misplaced their delusions in the Obamania. At least free marketers demonstrate a consistent respect for the function of profit and loss.
God! I'm such a good austrian and such a bad businessman!!!
Why didn't I think of this?!?!?!!?
"Every civilization depends on the quality of individuals it produces. If you over-organize humans, over-legalize them, suppress their urge to greatness-they cannot work and their civilization collapses." -Frank Herbert, from Children of Dune
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