March 30, 2005
Markets in Everything

Woman Sells Her Name on EBay for $15K

A mother of five put her name up for bid on eBay and got an offer. Terri Iligan, 33, sold her name to Internet site Golden Palace Casino, and she will officially be named goldenpalace.com once the legal work is complete.

The casino paid $15,199 for the name.

[Nod to Marginal Revolution for the post title.]

Posted by Robert Lawson at 09:34 AM in Economics  ·  TrackBack (0)

The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith

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