Will Ending Tipping Increase Saving?

Catherine Rampell has a nice piece in the Post outlining some of the problems with having workers rely on tips for much of their pay. She comments in passing that because people may underestimate the cost of eating at restaurants they may eat out more often, which would provide a boost to the economy by creating more demand.


If this was really true, then the saving cultists who want people to save more money should all be pushing for an end to tipping. (In an economy where we are faced with i...

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Published on November 07, 2014 02:49
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