inflation

Yglesias notes that when The Beatles came to town in 1964, tickets to see them were actually pretty reasonable, if not downright cheap: Adjusting for inflation, those tickets ranged in price from $15 to $30. These days $30 will get you in to see St. Vincent at the 9:30 Club but prices to see Kings of Leon at the Verizon Center start at about $60. There are a number of concomitant reasons why, despite it being the hottest show in the world, it was so much cheaper than any popular concert would be in 2014. First is the simplest of...

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