Sunday, October 21, 2012

Local economy invention. A $20 bicycle.

Israeli inventor and his cardboard bicycle.

What do we know about economies? They increase when there is movement of consumers. Genius. Now, work is not as far away either.

October 15, 2012 2:31 PM

...An Israeli inventor (click here) has come up with a way to make a bicycle almost entirely out of cardboard — and so inexpensively that he thinks retailers would only need to charge about $20 for one.

The inventor, Izhar Gafni, believes the bike could be a boon to the world's most traffic-congested cities and help people in remote parts of the Third World get from place to place. He's reached a deal to start mass production in a few months, Gafni tells Reuters....

I loved the video (click here).