The price of admission

I was reading an interview one time, with I think Tim Ferriss, and the topic was expensive dining experiences. The gist of the conversation was that he was happy to pay for an expensive drink and food if it guaranteed exclusivity or privacy. The theory was that the higher prices would keep out the general public and therefore the drink and location could be enjoyed in relative peace at a premium price.

I’ve been thinking about this recently. Prices are generally high for everything these days, but there are a few places that seem to charge way more over the average. Discounting those that are obviously fleecing or are in a premium area of real estate and have to cover higher business rates, there are a few places that offer exclusivity and privacy if you are prepared to pay a higher premium for drinks, food, or whatever else it is that they are selling.

In return for a quiet space with ambience (and wifi) I find myself willing to pay the extra as a form of price of admission. Are you?

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