Dr. Stephen Happel

Dr. Stephen Happel is an Emeritus Professor of Economics at Arizona State University and a widely published commentator on the U.S. economy. His microeconomic research covers demographic patterns, public policy, and secondary ticket markets, with commentary featured in The Wall Street Journal and Sports Business Journal. He frequently speaks nationwide on Federal Reserve strategy, fiscal policy, and macroeconomic trends.

August 10, 2026

Dr. Stephen Happel

Thirty Years Later, the Folly of Anti-Scalping Laws Persists

Three decades ago, Dr. Marianne Jennings and I published an article styled The Folly of Anti-Scalping Laws in the Cato Journal 15, no. 1 (Spring/Summer 1995.) Therein we argued that imposing artificial constraints in the form of price caps on the resale of event tickets ultimately harmed consumers. That fundamental

Consumer Protection, Opinion, Policy & Legislation

Dr. Stephen Happel

Thirty Years Later, the Folly of Anti-Scalping Laws Persists

Looking for tickets?

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