You have likely heard the basic story before: Some artists are essentially auctioning off tickets to their live shows, rather than setting a face value. When more than 90,000 fans are lined up online trying to buy 19,000 tickets — as was the case on Ticketmaster one day recently for an upcoming Springsteen concert in Philadelphia — that’s going to yield some eye-popping numbers.
For the record, Camp Springsteen says it’s just a few tickets being auctioned off. ”Our true average ticket price has been in the mid-$200 range,” manager Jon Landau told the Times. “I believe that in today’s environment, that is a fair price to see someone universally regarded as among the very greatest artists of his generation.
Lieber quoted the following tweet from veteran music journalist Bill Werde: “Hard to believe that Bruce Springsteen turned out to be the one to make music fans miss scalpers.”It makes my brain hurt. In so many words, Werde is saying he would prefer scalpers pocket the difference between the face and market values of a Bruce Springsteen ticket rather than the man himself and his mighty E Street Band. Bananas.
The same sort of incoherence plagues the debate over carbon pricing, for example. You don’t get anything for your carbon money as fun as a concert ticket — just a hole in your bank account that the government promises to refill at tax time. But it’s arguably a very traditional sin tax: Just as the government always taxed the tobacco in cigarettes and the alcohol in whiskey, it’s now taxing the carbon in pretty much everything. The idea is the same: It hopes we’ll consume less.
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