The Economics of Tipping For ServicesGuest Post
The Economics of Tipping by Kenneth A. Zahringer, Ludwig von Mises Institute
My dinner companion sounded indignant. “It’s a shame we have to tip the waitress,” she said. “The restaurant owner ought to pay the staff enough to live on.”
I imagine that is a common attitude among those steeped in our current cultural climate of envy and dislike of economic success — the anti-capitalist mentality, as Mises put . . .
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