Attorney

York and New Jersey, THE INVISIBLE HAND AT WORK who are cracking down on street scalpers like Mr. Thomas and on licensed ticket brokers. Undercover officers are enforcing new restrictions on reselling tickets at marked-up prices, and the attorneys general of the two states are pressing well-publicized even though each buyer and seller in a market is concerned only about his or her own welfare, they are together led by an invisible hand to an equilibrium that maximizes the…