Ticket scalping is in the news due to the discovery that tickets taken by police from scalpers in last year’s World Series were used by family and friends of the police before being turned over as evidence. This is of interest to me on this blog because I can’t think of another crime that should be removed from the books faster than scalping. A ticket is a commodity in the purest form. It has a value to the people who sell it, who are in most cases trying to sell a large number of them which influences the initial pricing decision. It has a value to the person who first buys it. Like many commodities, it has different value to different people. An opera afficianado values tickets to the opera more than someone who has never been to the opera. If someone else values that commodity – the ticket – more than the person who buys it first, there is no reason it should by forbidden to be resold, like a used car or garage sale furniture. There are many silly crimes, many of which made sense at some time in the past. But there is no other crime like scalping which so clearly violates the basic laws of economics. And for the record, I have no intention of scalping my tickets to the NCAA tourny Sunday, and fear of police has nothing to do with it.
About the Author
David Stokes
David Stokes is a St. Louis native and a graduate of Saint Louis University High School and Fairfield (Conn.) University. He spent six years as a political aide at the St. Louis County Council before joining the Show-Me Institute in 2007. Stokes was a policy analyst at the Show-Me Institute from 2007 to 2016. From 2016 through 2020 he was Executive Director of Great Rivers Habitat Alliance, where he led efforts to oppose harmful floodplain developments done with abusive tax subsidies. Stokes rejoined the Institute in early 2021 as the Director of Municipal Policy. He is a past president of the University City Library Board. He served on the St. Louis County 2010 Council Redistricting Commission and was the 2012 representative to the Electoral College from Missouri’s First Congressional District. He lives in University City with his wife and their three children.
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