Any time the honor system is used successfully, I think of Ayn Rand—the founder of Objectivism, the academically bankrupt theory of overriding and extreme self-interest. According to her philosophy, the honor system should never work: According to her, rationally, it shouldn’t work because one should take what they want and pay nothing for it. (Incidentally, there’s an economic theory that governs this principle called the “tragedy of the commons,” where a resource is spoiled for many through the actions of selfish individuals.)
10 months ago, a coffee shop in Valley City, North Dakota (pop. 6,700) called The Vault put the honor system to the test; now, months later, they’ve earned 15% more money than they’ve asked for, the Associated Press reports. The Vault isn’t any different than your local cafe—it has commercially brewed coffee, gourmet flavorings, pastries, and soft drinks. But what it doesn’t have are baristas. On the frequently-asked-questions section of the Vault’s website, the owners—David and Kimberly Brekke—acknowledge that their business model is “location-based.” Though they do believe it could work elsewhere, they maintain that it would only work “in tight-knit communities that adopt the establishment as their own.”
For the rest of us, this is just more evidence that Midwesterners might have life figured out.
[AP]
More Must-Reads from TIME
- Why Trump’s Message Worked on Latino Men
- What Trump’s Win Could Mean for Housing
- The 100 Must-Read Books of 2024
- Sleep Doctors Share the 1 Tip That’s Changed Their Lives
- Column: Let’s Bring Back Romance
- What It’s Like to Have Long COVID As a Kid
- FX’s Say Nothing Is the Must-Watch Political Thriller of 2024
- Merle Bombardieri Is Helping People Make the Baby Decision
Write to Bijan Stephen at bijan.stephen@gmail.com