Tuesday, September 2, 2008

Thousands Upon Thousands Should Have Thought of This

Most assuredly, anyone who has been to a big city (an likely even small ones) is sure to have noticed bikes chained to posts, where the biker has taken off the front wheel and aligned it with the back wheel so that they could both be chained to the post. Otherwise, there is the prospect that front wheel s going to be gone when the biker returns to the bike.

I'm sure it is a bit of a hassle to take that front wheel off all the time and to then put it back.

Today, for the first time, I saw someone who used an alternative method. A long enough chain was used that wrapped both tires and the bike around a post. No need to take the tire off! Simple idea, but I have never seen anyone else use it before.

The beauty of free markets is they allow both geniuses and nut jobs to come up with ideas that can benefit us all. Can you imagine in a command and control economy where bike chains are designated to be precisely 8 inches long and the bureaucratic hassle of someone trying to get a 36 inch bike chain?

And what if it is only me and the actual user of the chain who thinks it is the greatest invention since the bike itself, just how and where would he ever be able to get a chain of the right length in a command and control society?

Free markets set us free.

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