Our Idea of a “Fair Price” Is Heavily Biased By Whether We’re Buyer or Seller

Confession: I love yard sales. Always have, ever since I was a little kid. It was a great way to find things I needed when money was thin. Before the eBay or the Internet was a thing, you could get some real bargains and find interesting stuff.

And the prices were usually not only well below the price you’d find them in a shop now but also well below the price you’d find in a thrift store.  » Read more

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