An interesting observation by my friend Jim.
--
Prof. Bryan Caplan
Department of Economics George Mason University
http://www.bcaplan.com [EMAIL PROTECTED]
Mr. Banks: Will you be good enough to explain all this?!
Mary Poppins: First of all I would like to make one thing
perfectly clear.
Banks: Yes?
Poppins: I never explain *anything*.
*Mary Poppins*
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Opera houses have felt the pinch of a weakened economy. A significant
number of them have canceled works with the explanation that they were
substituting obscure works with more popular ones to increase ticket sales.
I don't think that opera ticket revenue is actually counter cyclical, but I
still think the phenomenon is pretty funny. Imagine Warner finding out the
economy is bad so they greenlight more summer block busters.
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