He's Done: From Red Paperclip to Farmhouse
About a year after he started, Kyle McDonald of One Red Paperclip fame is finally finished. His goal was to trade up for a house starting with a paper clip and he's done just that. The keys to the Kipling, Saskatchewan farmhouse will be given to him next Wednesday.
While there were transportation and transaction costs involved, this little exercise proves how different people value things differently. This is a perfect example of something I learned in my Negotiations class last fall: bartering is not a zero-sum game; it is definitely possible for both parties to come out ahead in an exchange.