Tyler Cowen points to the financial distress in upper echelons of music industry in his post Symphony orchestras and sectoral shifts — Marginal Revolution. I brings an important point to fore. We need to have a different consumption basket for different income class.
Smphony Orchestras and consumption baskets
Tyler Cowen points to the financial distress in upper echelons of music industry in his post Symphony orchestras and sectoral shifts — Marginal Revolution. I brings an important point to fore. We need to have a different consumption basket for different income class.