Markets in Everything: Hurling Shoes

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.   


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