"It gets rid of the stigma that surrounds our business a little bit," [ticket broker Michael] Nowakowski said of the law change. "I just think for years people in Minnesota have been taught that buying or selling tickets at over face value is very similar to buying and selling drugs."
Prosecutions of ticket scalpers have been on the decline for the last few years.
Records kept by the state courts system show only a small number of cases resulted from the scalping law. In Hennepin and Ramsey counties, where the pro sports venues are located, there have been 104 cases carrying a scalping charge since 2002. The most was 35 in 2003; this year saw only two.
Wow. There must be some sort of market-friendly radiation coming out of Minnesota U.
Is there economic research covering the relationship between firm performance in terms of profitability or rates of return on capital and macro economic growth rates?