Tuesday's Assorted Links
Smuggling pollution, the national debt, banana prices, cafe con leche inflation, and RCTs in Kenya
Hi y’all! Here are five stories from this week that contained some neat applications of economic principles or are related to teaching:
A California man became the first person to be prosecuted for smuggling greenhouse gases into the US [CNN]
The US national debt is increasing by about $1 trillion every 100 days [CNBC]
The average (nominal) price of bananas hasn’t risen above 80¢ per pound since 2004 [Axios]
The Cafe Con Leche Index tracks just one item—a hot cup of coffee in Caracas [Bloomberg]
How poor Kenyans became economists’ guinea pigs [The Economist]
Miami Beach is a favorite spring break destination for American college students, but they're tired of the external costs that come along with the trip: increased violence, public disorder, and a strain on local resources, impacting residents' quality of life. This year, the city is experimenting with a solution to curb those externalities:
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