No tipping means better business
tastefulventures.com
No tipping means better business
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Re: No tipping means better business
#2restaurants will be gone when we all start popping meal pills. The tech is probably 3-4 years out by conservative estimates.
Re: No tipping means better business
#3Is the restaurant industry in need of saving, from a restaurant owner's or diner's perspective?
I'm fully on the "tipping is terrible for everyone involved" side, but I wonder if the framing here is based on anything.
Re: No tipping means better business
#4editorialized title. Tsk.
the tipping situation sucks, but the larger economic problem is effectively due to rent extraction by the landlord. when a restaurant can't afford the rent that, say, a bank can, they are effectively priced out of the market. All excess returns and up going to the land owner. This effectively becomes a variant of baumol's cost disease. Once again, return on capital trumps return on labor.
I remember, many years ago, living in Manhattan: in a short period of time, for restaurants on each corner of an intersection were replaced with four banks. A vibrant spot died.
Re: No tipping means better business
#5This idea was suggested long time ago - it doesn't work.
Re: No tipping means better business
#6restaurants will be gone when we all start popping meal pills. The tech is probably 3-4 years out by conservative estimates.
Will the meal pills replicate the taste of your favorite food? Because I'm not going to restaurants for their nutritious value.
Re: No tipping means better business
#7restaurants will be gone when we all start popping meal pills. The tech is probably 3-4 years out by conservative estimates.
2000 calories -- that's a lot of pills.
Re: No tipping means better business
#8restaurants will be gone when we all start popping meal pills. The tech is probably 3-4 years out by conservative estimates.
Any scientific research to back this up ? Genuinely curious but slightly skeptical.
Re: No tipping means better business
#9restaurants will be gone when we all start popping meal pills. The tech is probably 3-4 years out by conservative estimates.
Not if you ask nutrition professionals.
Re: No tipping means better business
#10editorialized title. Tsk. the tipping situation sucks, but the larger economic problem is effectively due to rent extraction by the landlord. when a restaurant can't afford the rent that, say, a bank can, they are effectively priced out of the market. All excess returns and up going to the land owner. This effectively becomes a variant of baumol's cost disease. Once again, return on capital trumps return on labor. I…
This is why I support the land-value tax.
Landlords would only be taxed on the value of their land and not the property they're building.
They're heavily incentivized to develop as much as possible to pay tax, since land-value tax doesn't care about the cost of any improvement you make.