Link: http://www.npr.org/blogs/money/2014/11/07/362060876/episode-581-free-money
Summary: This podcast discusses arbitrage (free money), using the example of used textbooks. Arbitrage (free money) is a risk-free way to buy low and sell high. You can find one thing that’s selling for two different prices, and exploit the mistake.
Original Air Date: November 7, 2014
Length: 14 minutes 29 seconds
Prompt: Imagine you find an opportunity like the one discussed in the podcast. Write an outline of how you would go about this discovery, and what your plan of action would be.
Discussion Question: A woman in the podcast said their practice was immoral. Do you agree or disagree? Is what these two men are doing wrong? Use economic thinking in your discussion.
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