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Podcast: Faith and Economics
Episode: Tipping is out of control? | #220
Description: In this episode, the Gwartney team discusses different point of views on the social construct of tipping. What are some of the issues that arise when tipping is prevalent at every food or drink establishment? Is there a moral requirement for tipping? Join us for a lighthearted and fun conversation over tipping and its normalcy.Â
Timeline:
Why do we tip? / 2:30
Value of Information / 10:00
Bias Tipping / 14:15
Moral Arguments / 18:45
COVID, Coffee, and Tipping / 24:30
Free Riding / 30:00
Subsidy to Employees / 36:30