The growing role of barter in the marketplace
By Andrew M. Kaikati and Jack G. Kaikati
Bartering has been declared dead in the U.S. more than once since its heyday in the 17th and 18th centuries, when colonists routinely paid off debts with goods such as deerskin, beaver pelts and tobacco.
We contend, however, that the practice is alive and well and serving an important function in today's economy...
WSJ - Sluggish Economy Gives New Life to Bartering
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