Burlingame sells a $11 banh mi (for non Bay Area people, this is like a $47 slice of pizza)pic.twitter.com/aaS3uhsgLi
Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.
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Burlingame sells a $11 banh mi (for non Bay Area people, this is like a $47 slice of pizza)pic.twitter.com/aaS3uhsgLi
The remarkable thing about this sandwich is that you know with no further information that it's going to be awful. The problem is not just the price, but that the fact of being overpriced is a 100% reliable signal of lower quality. Is there an economic name for this kind of good?
If not, I propose the term "Veblah Good". Another example that comes to mind is $13 pirozhki and a $2799 laptop *ducks*
C’mon man. Plz don’t reinforce racial biases that set consumer expectations that Asian immigrant food should be cheaper than everything else...https://www.sfchronicle.com/food/article/How-the-organic-movement-makes-it-impossible-for-13578993.php …
Would a discussion of pizza by the slice or pierogi be more socially responsible? Happy to shift the referent here.
(From @aqnguyen, who wrote a whole book about banh mi.) https://madelocalmagazine.com/2019/05/qa-with-andrea-nguyen-the-banh-mi-handbook/ …pic.twitter.com/N5fdJbXeJW
I think you're mistaking the factual assertion that the $3 bahn mi tastes better (which you know is true because you live here) with everyone's shared desire that people earn a living wage. In that better world, the dynamic will still hold, just at a higher price level
As my 84-year-old Viet mama says, “Tiền nào của nấy” (You get what you pay for). If people are willing to pay $10 to $15 for a burger or pastrami sandwich, why not for banh mi?
Conversation made me hungry.pic.twitter.com/GpqFE4fgz2
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