The Great Christmas Tree Barter

Tonight we are going to get our Christmas tree.

Like hundreds of other Americans we will head to the local Christmas tree lot, browse around for OUR perfect tree, negotiate the price, flop it on top of the car and attempt to tie it down just enough so that we spend the whole drive home wondering if it’ll stay in place.

While entrepreneurship has taught me thousands of lessons, trading specifically has taught me more about supply and demand, economics and the value of exchange than I ever thought possible. One particularly influential experience took place on a Christmas tree lot.

It was Christmas Eve and we were making our way back to our home. As we passed by the local Christmas tree lot I noticed that it was still packed. Not full of people mind you, it was packed full of Christmas trees. On Christmas Eve! I shook my…

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