Some commentators disparage these kids’ activity as crass - TopicsExpress



          

FEE

Some commentators disparage these kids’ activity as crass materialism and faddish speculation. ...But all of this critique misses the point of what sneakerheads are up to. Instead of depreciating the value of the shoes by wearing them around or tucking them away in their closet, they’ve discovered an arbitrage opportunity that allows them to turn a profit. While the less observant scoff, these teenagers pick up market signals and act rationally to their own benefit. Smells like entrepreneurial spirit. - Jason Kelly
Posted on: Mon, 28 Apr 2014 16:44:41 +0000

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