August 28, 2007

Government Correction

Filed under: Entrepreneurship,Markets in Everything — admin @ 6:49 pm

I love to read the various and amazing ideas entrepreneurs devise, but I can’t help being especially entertained when they create solutions that circumvent government action.

Here are two examples. I plan on collecting more.

Getting caught insurance pointed from Marginal Revolution
A private entrepreneur offers ticket insurance for public transportation as an alternative to actually buying a ticket. In the unlikely circumstance that you are caught, the insurer pays the fine.

A market for public-parking spaces
Innovator SpotScout creates a mobile service that allows individuals to purchase public-parking spaces from each other.