Monday, July 23, 2007

For Your Dining Pleasure

From Yglesias:

Hugo Lindgren glosses Tyler Cowen's view on what makes for good cuisine: "The magic ingredient, he elaborates, is extreme income inequality, which ensures a large reservoir of cheap labor to grow and prepare the food, as well as a sufficient number of rich people who, being rich, must eat well."

I'd go a step further: I suspect a lot of NY restaurants could jack up prices an extra 15 percent if they had a supply of starving children pressing their noses against the window.

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