Hi y’all! Here are five stories from this week that contained some neat applications of economic principles or are related to teaching:
A quarter of Americans still have landlines [The Washington Post]
Sriracha sauce is selling for as much as $120 amid a prolonged shortage [CNN Business]
Harry Markowitz, Nobel-winning pioneer of modern portfolio theory, dies at 95 [The New York Times]
Enhanced Games pitches Olympics-style competition for doping athletes [Sports Illustrated]
The misery index (unemployment rate + inflation rate) is falling fast [Axios]
Last week the U.S. Supreme Court ruled that race-conscious admissions through affirmative action programs were deemed unconstitutional. The majority of justices believed that statistical discrimination was occurring around a protected class, which violated the equal protection clause of the 15th Amendment.
Get caught up on Monday’s post here:
Statistical Discrimination in College Admissions
A recent Supreme Court ruling has ignited a fiery debate about equal opportunity, meritocracy, and the unintended consequences of well-intentioned policies. The ruling primarily focused on the constitutionality of considering race systematically in college admissions