Market Correction

Scalp Anti-Scalping Legislation
1 February 2007

The Editor, The Boston Globe

To the Editor:

Re "Reseller argues ticket markups comply with law" (Feb. 1): Rather than waste resources enforcing legislated prohibitions on ticket "scalping," why not simply repeal these nutty statutes?

If Smith offers to pay $500 for a ticket to a Red Sox or a Bruins game, why should Jones - who legitimately owns such a ticket - be barred from selling it at that price? Put differently, the prices that people pay for entertainment is none of the legislatures' business.

Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Posted by Don Boudreaux on Sunday October 14, 2007 at 5:30pm

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