Westhampton Bookstore Competition
futureofcapitalism.com

Competition in Westhampton Beach between two independent bookstores, a long-established one and a new entrant, is the topic of an article in the The New York Times:

"There's no legal or ethical principle that says you don't open a second store of some kind because someone else has the first one," said James Kramon, a longtime summer resident here.

The ethics of it are certainly something that have been debated for a long time; there's a summary of the Jewish religious law about it up here. (Readers may also wonder if James Kramon is any relation to Times editor Glenn Kramon.)

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Uncrowded Brooklyn Sidewalks
futureofcapitalism.com

From a New York Times article on New York literary agents moving their offices to Brooklyn:

The rent in a high-rise in downtown Brooklyn was slightly less expensive than in Manhattan. And the city offered him tax incentives: $3,000 per employee annually, for 12 years.

This has got to be one of the silliest tax incentives out there, paying literary agents to move offices from Manhattan to Downtown Brooklyn. The city should let the literary agents have their offices wherever they want, and not try to push them in one direction or another using tax dollars taken from everyone else.

Read More...

Westhampton Bookstore Competition
futureofcapitalism.com

Competition in Westhampton Beach between two independent bookstores, a long-established one and a new entrant, is the topic of an article in the The New York Times:

"There's no legal or ethical principle that says you don't open a second store of some kind because someone else has the first one," said James Kramon, a longtime summer resident here.

The ethics of it are certainly something that have been debated for a long time; there's a summary of the Jewish religious law about it up here. (Readers may also wonder if James Kramon is any relation to Times editor Glenn Kramon.)

Read More...

Uncrowded Brooklyn Sidewalks
futureofcapitalism.com

From a New York Times article on New York literary agents moving their offices to Brooklyn:

The rent in a high-rise in downtown Brooklyn was slightly less expensive than in Manhattan. And the city offered him tax incentives: $3,000 per employee annually, for 12 years.

This has got to be one of the silliest tax incentives out there, paying literary agents to move offices from Manhattan to Downtown Brooklyn. The city should let the literary agents have their offices wherever they want, and not try to push them in one direction or another using tax dollars taken from everyone else.

Read More...