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Episode 128: Friend or Foe?

Friend or Foe in NYC's Chess District?
Chana Joffe-Walt
Friend or Foe in NYC's Chess District?

Why do businesses selling the same thing crowd around each other rather than strike out on their own?

To answer that question, Adam Davidson and Chana Joffe-Walt walk through some New York City neighborhoods – the diamond district, the plant district, the chess district — where store after store sells the exact same thing.

Download the Planet Money iPhone App.Music: Busta Rhymes' "Hustler's Anthem 09." Find us: Twitter/Facebook/Spotify/ Tumblr. Note: This podcast originally aired in December, 2009.

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