‘Bike thievery is essentially a risk-free crime. If you were a criminal, that might just strike your fancy. If Goldman Sachs didn’t have more profitable market inefficencies to exploit, they might be out there arbitraging stolen bikes.’ Good summary, and I suspect a lot applies in Dublin too — flea markets and vanloads of stolen bikes being sent to other cities for reselling.
Links for 2012-08-31
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