Monday, March 17, 2008

Cheaters!

Even the advances of technology aren't enough to eliminate the problems of cheating.
All may not be as it seems, however. One stunning blonde named Samantha believed she had been recruited in just that way by an elite agency of same calibre as the Emperor's Club.

She was even asked to fill out income tax forms and fax them to the future "employer", with the promise that an initial $4,500 cheque would be forthcoming after she spent a weekend in Atlantic City with her first client.

Assured by such formalities, she kept the date. When no cheque subsequently arrived, Samantha called the agency to complain, only to find that the telephone number used to retain her services was a throwaway mobile, and the fax number that of a Wall Street print shop. A cheeky New York finance man had duped her into bedding him.
Update: Actually, this is really a great example of how things work in the illicit markets where you can't rely on courts and law enforcement to enforce property rights and contracts. This is why you might expect, in fact, a prostitute to join a pimp who can use violence to enforce contracts. Violence, in the absence of legal mechanisms to enforce property rights and contracts, is the only recourse available in illicit markets, and one reason why drug prohibition is associated with increased violence among sellers.

No comments: