Empty Seats and Empty Minds at the Olympics :: The Circle Bastiat

Posted by sheffner

August 5, 2012

Who’d a thunk? The State intervenes in the free market, and screws things up! This must be a first.

Here is another example:

The British Olympic organizers restricted ticket purchases, rewarded corporate purchases but not corporate use, imposed price controls on tickets available to the public and state violence against the resulting scalpers touts — and are distraught and surprised over the empty seats that characterize so many of the Olympic events so far. To reduce the embarrassment and sense of scandal, organizers have carted in British troops–dressed in their camo!–to fill seats at gymnastics events, while other easily manipulated, low-time-cost groups on the government’s payroll are also being bussed in to other sparsely-attended venues.Meanwhile, many thousands willing to pay market prices to attend Olympic events are told to bugger off.

via Empty Seats and Empty Minds at the Olympics :: The Circle Bastiat.

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