Economics

Tipping Actually Makes Some Sense

It's a human connection, not just part of the price.

Try smiling when you deliver the bill.

Photographer: Mark Graham/Bloomberg

If you want to get economics pundits excited, bring up the issue of tipping. Most of my fellow pundits despise tipping, the way they despise the Electoral College and the penny. Well, the pundits are sure to be rejoicing. Danny Meyer's Union Square Hospitality Group, which runs more than a dozen restaurant chains, just said it will eliminate tipping at all of its establishments. 

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