Wow, high end restaurants have changed what they serve over time!


My investigation on changes in the price of going to the prom in the Wall Street Jorurnal (see here) got a number of comments and emails.  The most interesting email came from Marie Concannon.  She is one of the head librarians at the University of Missouri.  Ms. Concannon created a web site called “Prices and Wages by Decade” (click here).  It contains links to the retail prices for all sorts of things that people buy like food, clothing, transportation, housing and education. Continue reading

Should Tipping Be Eliminated?

Tipping is widespread across North America. People tip taxicab drivers, hair dressers and hotel doormen. However, the place where the most people tip is in restaurants and bars. The problem for many customers is that tipping is confusing since tipping rules are not clear and payments are arbitrary. Many people agree the “standard” tip is 15%. However, on what amount do you tip 15%? Is it the total bill? Is it the total bill excluding tax? Is it the total food bill, with expensive bottles of wine tipped at a separate rate? Many people agree the tip rate for large groups should often be higher, but how many people comprise a “large” group? Most importantly, tipping means doing math, which is a difficult task for some people and a challenging task after drinking alcohol in a bar or restaurant. Continue reading