Posts Tagged ‘price’

Some Social Commentary

January 27, 2009

Warning-I am going to break format here and offer some social commentary-but not about social media.

Yes, there is no Twitter, FB, MS or Plurk in this post.

Instead, I want to talk about the $4 bagel, supply and demand, and price gouging.

In a not uncommon occurrence, I missed my train this morning, giving me about 40 extra minutes at the train station. Tired, hungry and bored, I set out for some breakfast. There is a DD at the station-but I hate DD.

So, since I had time to kill, I headed over to the bagel place. And for the first time in my life as a New Yorker, I experienced a $4 bagel (granted with coffee).

Now, I understand fully the concept of paying for convenience and simplicity. But as I was thinking about this, and eating an incredibly mediocre bagel–even that argument broke down.

Bagel and coffee from the guy at the top of stairs when I get off the subway $2.25.  That is convenient.

Bagel and coffee from the place I go when there are two or more on line at the coffee cart (I have a problem with lines) $3.25.

Bagel and coffee at the POS LIRR train station–1/4 mile from the station platform $4.00.

There is something terribly wrong with this math–as George Bush would say, its fuzzy math, bordering on voodoo economics.

And now back to your regularly scheduled blogging–don’t worry, I’ll Twitter this to make it seem on point.


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