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Thursday, April 29, 2010

Markets In Everything: Obama Graduation Tickets

For the University of Michigan graduation this Saturday, May 1:

Ebay:
Tickets for $50.

Craig's List:
Tickets for $40.

5 comments:

  1. Several ticket questions:

    (1) Can you bid using a $50 equivalency? 50 homes in the City of Detroit?

    (2) the opportunity cost may be too high for the $50 ticket. Wouldn’t the $50 be more valuable to a recent graduate for a bus ticket out of the Michigan job market?

    (3) should the $50 be saved for the next Jennifer Granholm tax hike?

    ReplyDelete
  2. Is that scalping? Does Ann Arbor have a law against that?

    ReplyDelete
  3. I'd like to know how the University and the City are paying for this circus? After ten straight years of budget cuts at the UM, the city loosing it's largest tax paying employer, where is the money coming from? They flew in 5 giant helicopters yesterday, just to practice.

    ReplyDelete
  4. i heard that goldman sachs is shorting them...

    ReplyDelete
  5. "i heard that goldman sachs is shorting them..."...

    Funny! Hilarious in fact...

    Yet there are three groups here G-S could be shorting:

    1)the state

    2)the graduates

    3)the university

    Maybe G-S is going for the trifecta...

    ReplyDelete

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