[lbo-talk] An Economics Question: Pizza Slices and Subway Fares

Doug Henwood dhenwood at panix.com
Sun Apr 30 13:26:22 PDT 2006


Jerry Monaco wrote:


>Has anyone else noticed that the price of a pizza slice in New York
>tracks the price of a single subway fare?

Yes! I've noticed the same thing myself. It's hard to explain - they don't have the same inputs by any means, and they're not substitutes for each other. The only thing they have in common is that they're staples of daily life.

Doug



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