Let A Frown Be Your Umbrella
abalk · 07/24/07 03:25PMAt the end of last week the Financial Times ran an amusing "Dear Economist..." column. The premise of the feature is that it's a tongue-in-cheek advice piece from an economic perspective. Anyway, a gentlemen wrote that, as an immigrant in London, he always carries an umbrella with him, though the natives do not. When he offers to share space under the cover, "Foreigners always accept. Indeed, one New Yorker actually links her arm with mine as we walk. But those whose families have lived here for generations prefer getting soaked." Why, he wondered, is that the case?