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Wednesday, November 14, 2007

The Black Market Candy Trade

Reason Magazine posts an amusing story from Boulder, CO about a high school student and his thriving black market candy business at his school where the sweet stuff has been banned. From the post:

"I offered to help him buy the product, if he would pay me back,” Richard said. “We sat down and did the math. He was getting 90 in a box that cost about $12 dollars. Based on what he was able to sell an AirHead for, he was getting a 900 percent profit — almost a tenfold markup. That seemed like a pretty good enterprise. He was clearing at least $150 a week in profit."

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