Wednesday, November 9, 2005

Swap a paperclip for a house

This bloke started out in july with a red paperclip that he swapped for a pen. He swapped the pen for a door handle. He plans to continue this chain of trades until he can acquire a house or an island. HeĆ¢��s documenting it on this blog.

What a great example of wealth-building through trade. This should be mandatory reading for all Econ 101 students around the country. By simply making individual mutually-beneficial trades, this dude hopes to eventually turn a red paperclip into a house. He'll be able to do it too, and so could you... except trading in currency is normally a bit easier than the barter system. Microeconomics rocks.

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