ALAN GREENSPAN'S
EBAY AUCTIONS.
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Item number: 13013759820285
Used HP 10B2 calculator
Starting bid: $29.99
Description: Excellent calculator with reverse-Polish-notation entry, clear LCD screen, and reliable keys. Bidders are advised that although calculations on this device have historically proven accurate, a modicum of restraint should be used in making decisions based on its outcomes, as past performance is not a reliable indicator of future performance. Black.
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Item number: 13015445626455
"Hello Kitty" coffee-table book
Starting bid: $45.21
Description: A book of marginal utility with an increasing value curve due to contrived scarcity and market demand. The book contains photographs of an idealized cat with anthropomorphic qualities. It was given to me by my great-niece on the occasion of my 75th birthday. The value of the book as calculated using a common Black-Scholes model is given as the starting bid, but irrational exuberance among the 8-to-24-year-old demographic of females, especially of Asian descent, could push the market price for this publication higher. I advise caution. However, this may turn out to be a fine investment if the market for this type of artistry remains strong, which may or may not happen, depending on the vagaries of taste and supply. How do we know when irrational exuberance has unduly escalated asset values? ... We should not underestimate, or become complacent about, the complexity of the interactions of asset markets and the economy.
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Item number: 130137554854744
Atlas Shrugged—signed by the author, Ayn Rand
Starting bid: $451.00
Description: Finally finished the damn novel. It dragged on with much repetition. No longer care who John Galt is.
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Item number: 130154584455845
Leather folio briefcase
Starting bid: $49.95
Description: As seen on CNBC's "Greenspan Watch." Brown leather case that was used to carry my papers. Andrea suggested I sell it and replace it with a nice Jack Spade bag now that I am in the private sector. Winning bidder also gets an autographed copy of my "Market Economies and the Rule of Law" speech, given at the 2003 Financial Markets Conference of the Federal Reserve Bank of Atlanta, so hurry up and bid early!
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OTHER McSWEENEY'S FEATURES:
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