Mises Daily
Author:
Briggs Armstrong
Online Publish Date:
“The scalper provides a type of scheduling insurance.” Dozens of people among the throngs of jubilant fans hold crudely made cardboard signs featuring the words “I Need Tickets.” Strangely, these people who, to an outsider, appear to be in desperate need of tickets for the big game, hold numerous tickets high above their head so everyone can see.