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Hi y’all! Here are five stories from this week that contained some neat applications of economic principles or are related to teaching:
Modelo Especial is now America’s top-selling beer, dethroning Bud Light which previously held the top spot since 2001 [The Wall Street Journal]
In 2018, Tulsa incentivized remote workers to relocate to the city for a minimum of one year by offering them $10,000; impressively, 90% of participants upheld their commitment, and 76% made the move permanent [Vox]
Sweden's central bank blames Beyonce for keeping inflation too high [The New York Times]
Netflix will open a restaurant that serves food from ‘Chef’s Table,’ ‘Nailed It!’ and more [Tech Crunch]
Ticketmaster and SeatGeek commit to an all-in pricing model after criticism mounts in regard to “junk fees” [The Hollywood Reporter]
A Finnish multimillionaire businessman received a staggering €121,000 speeding fine, calculated as a percentage of his income. This sparks a discussion on Gary Becker's rational model of crime and the factors influencing criminal decision-making.