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The core problem is reality. Scarcity is reality. Free market economics, supply and demand is reality. You can try to ignore the equilibrium price point, jus
by Ferret7446 3y ago
The core problem is reality. Scarcity is reality. Free market economics, supply and demand is reality.
You can try to ignore the equilibrium price point, just as you might ignore gravity, but reality will assert itself. Scalpers will always exist to rebalance the supply and demand equality.
If you want to make something available to more socioeconomic groups, increase the supply. Simple as.
- chris_va 3y ago... and clearly not viable. Do you think an artist can do 1000 shows a year?
- Ferret7446 3y agoWelcome to reality. You can't make a scarce good cheap by willing it harder.
- chris_va 3y agoYou can make a scarce good cheap, just not for everyone in the market... hence the entire point of the discussion.