Word: pricing
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...considered himself lucky to have the opportunity to watch this classic. The 2,000 tickets available for Prince Igor ranged from just 300 seats at the cheapest price (380 renminbi, or close to $50, a considerable amount for most mainland Chinese) to 122 VIP seats (at 2,008 renminbi, or $250, each). Liu believes that most of the seats in the best section were set aside for government and Communist Party officials, who he says were among the quickest to vacate them at the intermission. "I think only 10% of the audience are true music lovers," said a man surnamed...
...Wire, Simon and a staff of top-shelf crime writers like Richard Price are free to make things up. But in a way, the show is a variation on old-fashioned populist reportage à la Studs Terkel. It elevates the lowlifes and mocks the highlifes. It's steeped in lived experience, with voices as distinctive and regional as a crab boil. Simon may be angry and intellectual--The Wire differs from most TV drama, he says, because it's based in Greek tragedy about fated individuals, not Shakespearean tragedy about heroic individuals--but his show doesn't play like...
...immediate cause of the latest price jump was unrest in oil-rich Nigeria, but the bigger issue is that not enough new supply is coming online to make up for declining production at many existing fields...
...priced in U.S. dollars, so when the buck loses ground against other currencies, the price of crude generally rises. Speculators betting that this will continue may be driving it up even more...
...Culture and balance of trade cannot be confused. Art is not the same as the art market, nor can the quality of a work of art be judged by its selling price. There are countless examples of artists who have become renowned only over time. A true work of art is one that lasts; recognition often only comes after death...