Tyler Cowen's post today on restaurants with lines and empty restaurants was best summarized by two of his commenters.
dan1111:
dan1111:
I read it as, don’t let emptiness deter you if you have other reason to think it’s good. Which is a potentially useful rule. It also has been true in my experience.John Thacker:
The larger point I see is that popularity-based measures are only as good as the information level of the people doing the rating.
[I]f the line is evidence of a temporary fad, then that’s a good reason to avoid it, from Tyler’s point of view. The food isn’t any better now that it’s a fad right now.The post itself is also worth a look. Tyler Cowen is an economist who blogs about DC ethnic dining.
And yes, one has to be fairly well-informed in order to decrease the use of existing fads and rather be the kind of person who helps starts fads or “likes things before (and after) they were cool.”