> Its a situation where things are more expensive -> people do fewer things -> the things have to get more expensive to account for people doing fewer things ->

> Its a situation where things are more expensive -> people do fewer things -> the things have to get more expensive to account for people doing fewer things -> vicious cycle. This is bad reasoning and completely throws out the concept of supply and demand. You are paying $250 instead of $70 because you want to see a specific show by a specific entertainer. There are lots of other shows available for less.