Economics

My gut tells me if we stopped the tipping culture in the US, the actual money made by restaurants/workers wouldn’t change much.

Wdyt?

Working on building zkTLS infra/products. A ruthless empiricist and meme connoisseur.

/opacity
/eulerlagrange

IIRC it's the exact opposite. Money made from tipping is part of the viability calculation for restaurants waiters and chefs in most places. Without tips my gut feeling is about 20% of restaurants would go bankrupt within 18 months and almost all places raised prices by at least 10%.