Third places and neighborhood entrepreneurship (2024)

Twenty five years ago, when I did Econ 101 I had it explained to me the theoretical underpinning for the fact that coffee shop chains are impossible

Does Starbucks even exist?

In terms of the ratio of profitability to social good and positive economic externalities, coffee shops are in a category of their own. All the cities trying to attract businesses and stuff should just subsidize some coffee shops first.