6min chapter

"The Riff" with Byrne Hobart and Erik Torenberg cover image

E65: Bill Gates’s Persona, Against Copying Berkshire Hathaway, and Making the Economy More Like Chipotle

"The Riff" with Byrne Hobart and Erik Torenberg

CHAPTER

The Impact of Premium Mediocre Consumption on Economic Growth

This chapter delves into 'premium mediocre' consumption, examining how economic growth shapes consumer behaviors towards quality but non-exceptional goods. Using Chipotle as a case study, it explores the implications of mass production on local economies and the prevalence of generic experiences in food and entertainment.

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