This ice-cream sundae with gilded brownies costs $1,000
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Bagatelle, a restaurant in Manhattan’s Meatpacking District, will add this $1,000 ice-cream sundae to its menu next month. According to a press release, the sundae includes vanilla ice cream, chocolate truffles, French macarons and chocolate vodka sauce, along with a Dom Perignon Rose sorbet with gold leaves and “gilded brownies.” The price includes a ring from Mauboussin made of gold and steel worth $530, putting the price of the sundae itself around $470.
“In order to gain and hold the esteem of men, it is not sufficient merely to possess wealth or power,” as Thorstein Veblen wrote around a century ago. “The wealth or power must be put in evidence, for esteem is awarded only on evidence.”
Bagatelle’s will be the second $1,000 sundae available in Manhattan, according to Eater. Even if you estimate the price of this one at $470 rather than $1,000, it’s fair to assume it will raise the average price of a sundae in Manhattan by several percentage points. This is the kind of increase in price you’d expect if there were a shortage of opportunities for profitable investment, leading holders of capital with nothing to spend their money on except for ice cream sundaes. It’s an illustration of why even very low interest rates might be inadequate to stimulate demand in an economy with an especially unequal distribution of wealth, which is a very troubling possibility for economists such as Larry Summer. Bagatelle’s other desserts cost $10 each, but instead of selling one dessert each to 47 more customers, Bagatelle hopes, as the recovery progresses, to sell one $470 sundae to one very wealthy customer. Since producing the more expensive sundae probably does not require 47 times more work, it’s easy to see how prices might increase even as unemployment persists in a lasting economic malaise.
Bagatellle
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Recipe
Don't know whether this list is closer to a recipe or an SEC filing, but here's what you'll find inside the Mauboussin Mega Sundae at Bagatelle NY debuting on May 1:
Homemade vanilla ice cream (maybe the home they're referring to is the penthouse just blocks away from Bagatelle with an eat-in kitchen and views of the Empire State building that just went on the market for $18.75 million),
Chocolate truffles,
Homemade French macaroons (we're assuming that this home is actually in France),
Dom Perignon Rose sorbet with gold leaves (a bottle of the 2003 goes for about $300 and edible gold leaf is $6.35 a sheet on Amazon Prime)
Chocolate vodka sauce,
Gilded brownies and fresh whipped cream
Bonus: each sundae comes with an exclusive Mauboussin black steel and white gold ring, which accounts for $530 of the hammer price right there!
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can dun wan mauboussin? prefer tiffany
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Can
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nom nom nom