(Sad) markets in everything

a la Marginal Revolution:

Dog thefts in the US have more than trebled in recent years

All types of dogs are vulnerable, but particularly small breeds such as Yorkshire terriers and Pomeranians, which are popular and easy to carry.

“It’s rising and rising, and probably due to the recession,” says the charity’s founder, Jane Hayes. “It’s a good way to make money because owners will pay anything to get their dogs back. One owner paid £25,000 and had to remortgage the family house.”

“Criminals have been exploiting human emotions throughout time and this is just one more way to do that.”

In this model, the glazier breaks the window…


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