Scarcity & Opportunity Cost
The Beatles walked off stage in 1966 to a crowd they could not hear. The trade off that bought their next era.
On the 29th of August, 1966, the Beatles walked off the stage at Candlestick Park in San Francisco for the last time. 25,000 fans had been screaming so loudly the band could not hear themselves play. Years of relentless touring had given them the largest fan base in popular music and the worst working conditions of their careers. The four men flew home and made a decision that would have horrified their accountants. They would never tour again. Their 1965 Shea Stadium show, Alone, had drawn 55,600 paying fans, the first major stadium concert in popular music. Walking away from that level of demand looked like throwing money into the river. What they had in exchange was time. Hundreds of three hours at Abbey Road that had not existed when half the year was spent in hotels and arenas.
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