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The $30 hot dog guy is a capitalist hero
The New York Post ^ | May 22, 2015 | Kyle Smith

Posted on 06/07/2015 11:30:22 AM PDT by 2ndDivisionVet

I’m shocked by one aspect of the story of the guy selling $30 hot dogs to tourists near the World Trade Center — shocked that he was fired. Who knew hot-dog men could be fired?

As for that other detail — selling a hot dog for considerably “more than it’s worth,” so what? Apple makes a huge profit on every device it sells. Does anyone think Apple is guilty of “price gouging”? Moreover, a hot dog is guaranteed not to shatter when it falls on the sidewalk, and I’ve never had to reboot my sauerkraut. No hot dog has ever been rendered obsolete by a new model that has a slightly thinner bun.

Hot-dog guy Ahmed Mohammed — let’s be accurate and call him Hot Dog Hero — was simply exercising his right to sell stuff in the marketplace for whatever he can get for it. Why begrudge him a large markup if he took advantage of the fact that some people are stupid? Taking advantage of stupidity is an important driver of the economic engine. Without taking advantage of stupid people, how would haute-couture designers sell a couple yards of shiny fabric for $2,000? Without taking advantage of stupid people, how would the New York State Lottery rake in $3 billion in profit? Without taking advantage of stupid people, how would the Franklin Mint have sold off millions of dollars worth of plastic copies of Jackie Onassis’ plastic pearls? If the stupidity were ever wrung out of the system, our economy would be the size of Bangladesh’s.

All of these stupid people are exactly what Hot Dog Hero’s “victims” were — willing customers....

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Food; Local News; Travel
KEYWORDS: economy; newyork; vending
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To: BobL

Rude??
He was ripping off hus boss who found out about it in tv ...


61 posted on 06/07/2015 11:04:39 PM PDT by TexasGator
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To: Lizavetta

What did the hot dog wiener say to the hamburger? Blow it out your bun, I’m on a roll!


62 posted on 06/08/2015 4:43:49 AM PDT by BTCM (Death and destruction is the only treaty Muslims comprehend.)
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To: 2ndDivisionVet

They they must go after Starbucks for selling a cup of coffee that costs them 15 cents for $4 or any place that sells soda pop. The markup is tremendous.

Sell for “whatever the market will bear”
It’s none of the governments business. The government has a 100% markup for doing nothing in most cases...


63 posted on 06/08/2015 5:56:37 AM PDT by PATRIOT1876
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To: PATRIOT1876

“Sell for “whatever the market will bear”
It’s none of the governments business. “

What does the government have to do with this!

He was fired by his boss!


64 posted on 06/08/2015 8:36:25 AM PDT by TexasGator
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