With constant reminders of the economic downturn in the news, it’s easy to understand why so many nonprofit organizations and schools have trouble fundraising via traditional methods.

Often practical and simple ideas are rejected out of ignorance or out of disbelief that simple ideas can work There are innumerable applications for the use of auctions in the economy; in every case, it is the common man who as consumer or taxpayer stands to gain and it is for this reason alone that auctions should take first place as a solution to resource allocation in a country.