Grade inflation?

[Tokyo has more Michelin stars than Paris](http://www.marginalrevolution.com/marginalrevolution/2007/11/in-case-you-had.html).

This isn’t very surprising for two reasons. First, Tokyo’s much bigger than Paris (35 million versus 9 million). And secondly, Tokyo has a much bigger financial sector giving a much larger population of people willing to spend too much money on Michelin starred restaurants.


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