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This problem with this is that it assumes a supply and demand shaped problem that markets solve. You can’t just make more Taylor Swift to meet demand. You can’
by kimos 1y ago
This problem with this is that it assumes a supply and demand shaped problem that markets solve.
You can’t just make more Taylor Swift to meet demand. You can’t open more Taylor Swifts in different regions. Acts have a very low very rigid upper supply limit. So if you price up at that demand it puts it out of reach of almost everyone. And that’s a bad outcome for almost everyone.
- amanaplanacanal 1y agoIf you insist on only seeing Taylor Swift, this is what you get. There are way more talented artists than will ever play at these giant stadium shows. She isn't a better musician than all of those other artists, she is just more popular.