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The Mutual Gains from Bartering

Friday, March 19, 2010
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A Spring Hat Tip to Louise Gilbert for spotting this terrific example of local bartering - a pub is allowing customers to barter for beer and meals. And the Publican makes a strong case for the mutually beneficial gains from bartering if appropriate terms of trade can be agreed:

“I love bartering, it’s a lot more interesting than dealing with money. In these hard times everybody benefits, and it brings the locals together.”

More here: Two pints of beer? That will cost you a sack of potatoes if you barter


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