The New York Pizza Connection
Encyclopedia
The New York Pizza Connection, or Pizza Principle, is a humorous but generally historically accurate "economic law" proposed by native New Yorker Eric M. Bram. He noted in 1980 that from the early 1960s the price of a slice of pizza "matched, with uncanny precision, the cost of a New York City Subway
ride."
In 1985, the late writer, historian, and film critic George Fasel learned of the correlation and wrote about it in an op-ed for The New York Times. The term "Pizza Connection" referring to this phenomenon was coined in early 2002 by New York Times columnist Clyde Haberman. He made the observation that the theory had been used by New Yorkers to the cost of a slice of pizza would increase by as high as two dollars in midtown Manhattan, and commented on the two earlier publications of the theory in the Times.
In May 2003 The New Yorker magazine proclaimed the validity of the Pizza Connection (which they renamed the pizza principle) in accurately predicting the rise of the subway fare to $2.00 the week before. They also quoted Mr. Bram (by then a patent attorney) as warning that since the New York City Transit Authority had announced the discontinuation of the subway token itself in favor of the variable-fare cost MetroCard, the direct correlation between the cost of an off-the-street slice of cheese pizza and the cost of a subway token might not continue to hold.
In 2005, and again in 2007, Haberman noted the price of a slice was again rising, and, citing the Pizza Connection, worried that the subway fare might soon rise again. The fare did indeed rise to $2.25 in June 2009 and will again in 2011 to $2.50.
New York City Subway
The New York City Subway is a rapid transit system owned by the City of New York and leased to the New York City Transit Authority, a subsidiary agency of the Metropolitan Transportation Authority and also known as MTA New York City Transit...
ride."
In 1985, the late writer, historian, and film critic George Fasel learned of the correlation and wrote about it in an op-ed for The New York Times. The term "Pizza Connection" referring to this phenomenon was coined in early 2002 by New York Times columnist Clyde Haberman. He made the observation that the theory had been used by New Yorkers to the cost of a slice of pizza would increase by as high as two dollars in midtown Manhattan, and commented on the two earlier publications of the theory in the Times.
In May 2003 The New Yorker magazine proclaimed the validity of the Pizza Connection (which they renamed the pizza principle) in accurately predicting the rise of the subway fare to $2.00 the week before. They also quoted Mr. Bram (by then a patent attorney) as warning that since the New York City Transit Authority had announced the discontinuation of the subway token itself in favor of the variable-fare cost MetroCard, the direct correlation between the cost of an off-the-street slice of cheese pizza and the cost of a subway token might not continue to hold.
In 2005, and again in 2007, Haberman noted the price of a slice was again rising, and, citing the Pizza Connection, worried that the subway fare might soon rise again. The fare did indeed rise to $2.25 in June 2009 and will again in 2011 to $2.50.