eBay

eBay is talked about like it makes the economy “perfect” and goods are sold at the price where demand and supply meet, and whatever. But I find its economy far from perfect. Its one thing when a valuable collectors item is sold, and knowledgably buyers bid the amount the item is worth, but there are so many times this is not the case. A Cheeto being bout for like $1000 or whatever it was, an apple core thrown away by Tiger Woods for $36,000, or a champagne soaked shirt worn by the Boston Celtics coach Doc Rivers the night they won the NBA finals sold for $55,000, and many other things of the sort is just messed up. I guess you really can get anything on eBay, just ask Weird Al Yankovic….

http://www.youtube.com/watch?v=HYokLWfqbaU

The eBay economy is also cheated a little by “sniping.” I have been on both ends of this and it just seems like a very effective way to get what you want cheaper than if you bid “the right way.” In any case I think that eBay is far from the perfect economy, but I guess if you can get people to buy it for the price, it must be worth it, right. I guess that is why it is such a popular “career” for so many people…