David Leary-Hanebrink, an attorney, wrote an essay for the Ludwig von Mises Institute about the history of the vending machine, which he claims have been able to reinvent themselves throughout history. The Ludwig von Mises Institute is a school of economic, political and social theory. To read the essay, click here.
Editor’s Insight: This writer brings an interesting perspective to the vending machine. For him, the vending machine symbolizes the innovation of the free market. After chronicling how vending machines have changed since the beginning of recorded time, he notes that vending machines simply exist and evolve to accommodate changing market demands. 08-23-11 by Elliot Maras