Nifty:
http://thetracktor.com
Gives you things like these:
http://i.imgur.com/6WbFg.jpg
This is related:
http://camelcamelcamel.com/
It would have been fun to be tracking this...
http://www.michaeleisen.org/blog/?p=358
Pretty interesting read JJ. I've noticed similiar things on Amazon for out of print books that seem oddly overpriced given the content and not-so-obscure quantity of the book itself.
I'm curious where I was first informed of that piece. I would have sworn it was TomWoods.com or EPJ...but I can't find an entry for it. If anyone can find a reference to that story from any of the usual libertarian suspects or ancillary blogs, I'd be interested to see it. Obviously in my search for the source, I came across the Gizmodo, zdnet, geek.com, techdirt.com, etc. entries, but those weren't it. I'm almost positive it was a libertarian source.
John James: It would have been fun to be tracking this... http://www.michaeleisen.org/blog/?p=358
Awesome! Pricing/trading algos everywhere! Especially interesting in the context of my recent write-up on high-freq trading. Perhaps regulators should be looking into this, as well.
The price-tracking sites were also cool.
The value of these is that they greatly lower the cost of finding the price history of something, so that it's realistic to check on it before a purchase.
Gasp, the free market acts to relieve information asymmetries?
It is pleasant how market actions can make economic models, especially those regarding "market failure" redundant.
There are bucketloads of these kinds of sites. Some like Mysupermarket manage to rake in a lot of cash charging firms subscription fees for data and analysis any idiot could get with a tracking script...
I think I need to get me a piece of this action. :P
"When the King is far the people are happy." Chinese proverb
For Alexander Zinoviev and the free market there is a shared delight:
"Where there are problems there is life."
John James: I'm curious where I was first informed of that piece. I would have sworn it was TomWoods.com or EPJ...but I can't find an entry for it. If anyone can find a reference to that story from any of the usual libertarian suspects or ancillary blogs, I'd be interested to see it. Obviously in my search for the source, I came across the Gizmodo, zdnet, geek.com, techdirt.com, etc. entries, but those weren't it. I'm almost positive it was a libertarian source.
If I remember correctly it was on the Mises blog around the time the "High Frequency Trading" was being talked about on the news every two seconds. I believe this was talked about because of the automated algorithms adjusting prices.