There’s no such thing as a “fair” ticket price in an age of income inequality

"Tickets today cost two to three times as much as inflation-adjusted tickets from a few decades ago" - Wren Graves argues in his excellent Consequence text about where the live music industry is heading. "This is hardly the first period of human history with great wealth inequality, but it’s one of the first times that the middle-class and 1% are competing over the same seats... There are only so many seats and many more people who wish to sit in them. In this environment, what does a fair ticket price even look like?".