You don't gotta get all hot about it. I am under the impression the discussion is based on the question"is $7 is too much for a 5oz. pour of beer."
I don't live in Portland, I haven't visited Portland (yet), ...Modern Times isn't just selling beer, they are selling feelings/lifestyle/ambiance in addition to a pour of beer. Heck look at San Francisco. You can get a pint of Pliny The Elder for $5 at shitbag Toronado or you could go to Mikkeler SF and it would probably be $12 a glass.
To further the discussion about MT in Portland, time will tell if locals will put up with that pricing, I think the hazebro phenomenon (paying $24 for a four pack of Double IPA) is everywhere, not just Southern California. My gut tells me MT won't have to bat an eye.