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Third places and neighborhood entrepreneurship (2024)

(www.nber.org)
118 points WasimBhai | 1 comments | 25 Jun 25 12:10 UTC | HN request time: 0s | source
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worik ◴[25 Jun 25 19:49 UTC] No.44381216[source]▶
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?

replies(1): >>44381349 #
1. ak217 ◴[25 Jun 25 20:06 UTC] No.44381349[source]▶
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.