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Markets in everything
A woman [Yuolanda Taylor] who police say sold stones to rioters in a southwest Michigan city last year and used the money to pay her cable television bill has pleaded no contest to inciting a riot.Police said Taylor toted rocks through a riot-wracked neighborhood, selling small ones for $1 each and bigger ones for $5. Prosecutors said the rocks were thrown at police.
Taylor told police she collected about $70 selling rocks, but quit when she got hit by one herself.
Here is the full story. Thanks to blogger John Wilson for the pointer.
Posted by Tyler Cowen on October 7, 2004 at 07:53 AM in Economics | Permalink
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