Sunday, June 23, 2013

This Seems To Run Contrary To Standard Economic Theory

STARBUCKS HIKING PRICES DESPITE LOWER BEAN COSTS

I'm contra-Starbucks, myself, so this really doesn't matter to me.  I've had their coffee exactly twice; once by accident while in the harbor in Newport when the signage was so obscured to satisfy local "historic" demands that I thought it was just a coffee shop, the other on the Pennsylvania Turnpike when I had no choice.

Burned beans seem not to be something worth the money they charge.  When in mid-town Manhattan, I delight in buying a $1 cup from the pushcart guy in front of a Starbucks, though.