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The Economics of Everyday Things

88. Fortune Cookies

Apr 14, 2025
Discover the surprising origins of fortune cookies, which are not actually Chinese! Explore the fascinating journey of how they became a staple in American dining culture. Learn about the stunning evolution from handmade treats to automated production lines. Uncover the success story of a noodle magnate who transformed his family's fortunes. Dive into the cultural significance these cookies hold, sparking joy and conversation among diners who crack them open in search of wisdom.
20:26

Podcast summary created with Snipd AI

Quick takeaways

  • Fortune cookies, originally from Japan, were adapted for American tastes by Japanese immigrants after World War II, marking their widespread popularity.
  • Despite being offered for free, fortune cookies challenge restaurant economics due to production costs and tight profit margins, often becoming loss leaders.

Deep dives

The Rise of Fortune Cookies

Fortune cookies, though often thought to be a Chinese creation, actually trace their origins to Japan in the mid-19th century, where they were known as sujiura senbei. The journey of these cookies into American Chinese restaurants began with Japanese immigrants who adapted them to cater to American tastes, especially after World War II when returning soldiers expected this novelty. As demand surged, the production shifted from handmade cookies in small shops to industrial-scale manufacturing, ultimately leading to establishments like Wonton Food dominating the market. Today, the company produces millions of cookies daily, illustrating how a simple dessert transformed from a niche product to a ubiquitous staple in Chinese dining across the United States.

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