A study in Swiftonomics: Why we're willing to spend so much on Eras Tour tickets
than they otherwise might have. This is partly because they were spending less, and partly because of the government's response to keep the economy healthy, like stimulus checks.
2. As we were stuck at home, what we were spending on was also mostly goods and as the world opened back up we pivoted to. This is post-pandemic specific lopsidedness though, which House thinks will even out eventually. 3. Basic supply and demand: No artist can put on an unlimited number of shows. When they get to a certain level of fame, it's impossible to accommodate every fan, and financially speaking they may be wise not to — the more scarce something is, the higher it can be priced. It's Econ 101, and no one's above that, not even Taylor Swift.Sign up for notifications from Insider! Stay up to date with what you want to know.NOW WATCH: Taylor Swift is the world's highest-paid celebrity.
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