Jalopnik has a story about a 17 year old who acquired a free Porsche Boxter. It took him two years, constant monitoring of Craigslist barter ads, and all started when a friend gave him a cell phone: Starting with an old cell phone that was given to him for free by a friend, Steven [Ortiz] used the “barter” section of Craigslist to move up to a better phone. He then traded the phone for an iPod Touch, the iPod Touch for a dirtbike — which was turned around several times for other, better dirtbikes — and then a MacBook Pro … Continue reading Fun Illustration of Subjective Value and the Free Market