3 ms·

if they want to go to the concert they should pay the fair market price for a ticket. and in addition, they should refrain from murdering people, because murder

by _dain_ 11mo ago

if they want to go to the concert they should pay the fair market price for a ticket. and in addition, they should refrain from murdering people, because murder is wrong. the high ticket prices incentivise the creation of new venues and the entrant of new artists into the market. they indicate that the music industry is not supplying concerts in sufficient quantity/quality as the market demands, or perhaps not in the right places or at the right times. prices are a signal; you outlaw them at your peril. this is a case where the monkey-brain fairness intuition is simply flat out 100% wrong. scalper economics has been studied for decades; it is known that banning these trades exacerbates shortages. lot of ppl in this thread who would not pass introductory microeconomics.

salawat 11mo ago
>the high ticket prices incentivise the creation of new venues and the entrant of new artists into the market. Always amuses me that the wannabe market experts ascribe theory of mind to markets. Personal risk tolerance and ability to execute without starving is what constrains supply of talent, who are not intrinsically born with either the knowledge or capability to begin the market based transaction process. God (or your market) does not magically whip up concerts in response to spreadsheets. People taking risks do.
- mrtksn 11mo ago
  Amazing isn’t it, people don’t want to think about the implementation details at all. Things just happen magically, if the market demands more concerts and less coders then programmers start doing concerts!
  - card_zero 11mo ago
    That sounds true, though. Some of the coders can play an instrument, or if that's not important these days they can sing through a filter and dance in spandex. It can be their day job, to support their coding hobby.
    - mrtksn 11mo ago
      "Can play instrument" is almost never good enough to sell tickets, just like "is good with computers" isn't good enough to be a professional programmer.
      - card_zero 11mo ago
        So, by diverse ways, the market can reassign suitable people to performing. For instance the programmer can go into sound engineering to replace a sound engineer who is now fulfilling an ambition to be on stage.
        mrtksn 11mo ago
        no it doesn’t happen like that, those who lose marketable value start doing something much less complex like driving taxi. There are numerous examples of such things. market doesn’t reassign anybody to anything because people don’t change overnight or after some age. It is one of the primary reasons why many people from the subway times and I’m not having a good time, like rocket scientists becoming taxi drivers
        card_zero 11mo ago
        Can't parse your last sentence, but OK: the programmer drives a taxi, a talented taxi driver gets an opportunity to perform music. Maybe I didn't understand your issue and you're really complaining that the surplus programmers will be miserable, not that new music acts won't emerge.
YeGoblynQueenne 11mo ago
>> the high ticket prices incentivise the creation of new venues and the entrant of new artists into the market. How does scalping, which transfers money from fans, artists, and the music industry to ticket touts who have nothing to do with music, "incentivise the creation" of anything? Except, I suppose, bot farms and clickfarm sweatshops?

by _dain_ 11mo ago

salawat 11mo ago

>the high ticket prices incentivise the creation of new venues and the entrant of new artists into the market. Always amuses me that the wannabe market experts ascribe theory of mind to markets. Personal risk tolerance and ability to execute without starving is what constrains supply of talent, who are not intrinsically born with either the knowledge or capability to begin the market based transaction process. God (or your market) does not magically whip up concerts in response to spreadsheets. People taking risks do.

mrtksn 11mo ago
Amazing isn’t it, people don’t want to think about the implementation details at all. Things just happen magically, if the market demands more concerts and less coders then programmers start doing concerts!
- card_zero 11mo ago
  That sounds true, though. Some of the coders can play an instrument, or if that's not important these days they can sing through a filter and dance in spandex. It can be their day job, to support their coding hobby.
  - mrtksn 11mo ago
    "Can play instrument" is almost never good enough to sell tickets, just like "is good with computers" isn't good enough to be a professional programmer.
    - card_zero 11mo ago
      So, by diverse ways, the market can reassign suitable people to performing. For instance the programmer can go into sound engineering to replace a sound engineer who is now fulfilling an ambition to be on stage.
      - mrtksn 11mo ago
        no it doesn’t happen like that, those who lose marketable value start doing something much less complex like driving taxi. There are numerous examples of such things. market doesn’t reassign anybody to anything because people don’t change overnight or after some age. It is one of the primary reasons why many people from the subway times and I’m not having a good time, like rocket scientists becoming taxi drivers
        card_zero 11mo ago
        Can't parse your last sentence, but OK: the programmer drives a taxi, a talented taxi driver gets an opportunity to perform music. Maybe I didn't understand your issue and you're really complaining that the surplus programmers will be miserable, not that new music acts won't emerge.

YeGoblynQueenne 11mo ago

>> the high ticket prices incentivise the creation of new venues and the entrant of new artists into the market. How does scalping, which transfers money from fans, artists, and the music industry to ticket touts who have nothing to do with music, "incentivise the creation" of anything? Except, I suppose, bot farms and clickfarm sweatshops?