Reminder -- I primarily blog at this site now: www.regularfolksunited.com
Today's Wall Street Journal sports page (page B16 if you love the paper copy like I do) noted that the Los Angeles Clippers of the National Basketball Association recently sold game tickets for 10 cents if you bought one ticket for $12.00 thus making the tickets $6.05 each.
Not only is this a great bargain but it is clear evidence the market forces work for consumers. Residents of Los Angeles have two NBA teams to choose from -- Lakers and Clippers -- yet only one team is putting a great product on the hardwood thus the ticket prices for the lowly Clippers with their .234 winning percentage are very low.
Now if only a school choice revolution in Los Angeles would harness similar market forces that would allow parents and students to flee their failing government schools.
Tuesday, April 07, 2009
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