Shadowy Evil Robots Victimize Poor Ticketmaster
27th May 2013
Steve Sailer learns that he’s not a member of the Crust and so has no opinions worth listening to.
You know, I haven’t bought concert tickets in a few years, but when I was paying 40% service charges to Ticketmaster so my son could go to shows, my impression was that the concert industry “serves” fans mostly in the Rod Serling sense.
Heh. It’s like the IRS charging you a ‘service fee’ for filing your tax return electronically, which saves them about 90% of their cost. And of course the DMV here in Texas does the same with car registrations; bureaucrats do love having a legal monopoly.
When I pointed out to Krugman in (I believe) 1999 this long history of corruption within the concert ticket business, he was offended. There was no place in economic theory for this kind of insinuation, so why was I bringing it up? We went back and forth for awhile, but Krugman became increasingly acrimonious at the very idea that the music industry wasn’t completely on the up and up.
Whenever I think ‘Krugman’, I think ‘clueless’. Glad I’m not alone.