I know nothing about economics. I wouldn't know a hedge fund from a hedgehog. Until last week I thought venture capital was the name of the band that recorded the theme from "Hawaii Five-O".
He certainly proved the point by once again bringing up the misleading fact that Fenway Park has the highest ticket prices to imply that Red Sox fans are being unusually soaked by ownership. Fenway Park has the highest ticket prices because it is the smallest stadium in baseball. There are not thousands of $10 nosebleed seats like in Camden Yards or Cellular One to drive down demand and the average ticket price. If you compared Yankee Stadium to Fenway on a seat by seat basis, Yankee Stadium would be more expensive. Second level seats behind homeplate in the new Yankee Stadium are much more expensive than the top seat at Fenway.