Markets in Everything: Hurling Shoes

by on December 20, 2008 at 12:29 pm in Current Affairs | Permalink

At least one stimulus plan appears to be working.

The shoe hurled at President George
W. Bush has sent sales soaring at the Turkish maker as orders
pour in from Iraq, the U.S. (!, AT) and Iran.    

The brown, thick-soled “Model 271” may soon be renamed
“The Bush Shoe” or “Bye-Bye Bush,” Ramazan Baydan, who owns
the Istanbul-based producer Baydan Ayakkabicilik San. & Tic.,
said in a telephone interview today.    

“We’ve been selling these shoes for years but, thanks to
Bush, orders are flying in like crazy,” he said. “We’ve even
hired an agency to look at television advertising.”

Hat tip: Mahalanobis.   

1 Ted December 20, 2008 at 3:28 pm

Now if we can get someone to throw a Chrysler Sebring at Bush, we’d be all set.

2 Speedmaster December 20, 2008 at 4:59 pm

Absolutely amazing. 😉

3 Jacqueline December 20, 2008 at 5:00 pm

Why does it surprise you that people in the US want it? As soon as the incident happened I started receiving chain forward e-mails encouraging me to mail my old shoes to the White House or Bush’s Presidential Library.

4 Bob Murphy December 20, 2008 at 8:23 pm


I’m not being sarcastic here. Are you saying that it’s not true that many Iraqis were proud of that guy? E.g. are these shoes being ordered by a few hundred insurgents and their radical supporters? (I know it sounds like I’m being sarcastic, but I’m not. I hadn’t heard the claims you made here, so I’m wondering if you think this “non-story” is being manipulated too.)

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