Hi y’all! Here are five stories from this week that contained some neat applications of economic principles or are related to teaching:
The Federal Reserve's Beige Book noted that hotel bookings had their strongest growth in years thanks to Taylor Swift fans [Billboard]
Nasdaq shuffled the weighting of its Nasdaq 100 index so that the biggest tech companies have less sway [Reuters]
There’s so much milk being produced that US farmers are dumping it in the sewer [The Hill]
Economics website is filled with racist and sexist speech, some blame the nation’s top universities [Associated Press]
Chipotle is testing a robot that can prepare avocados to make guacamole faster [CNBC]
Were you one of the millions of people who signed up for Threads as soon as it launched? If so, you were likely part of the millions who stopped using it after a few days. Threads seemed to have all the ingredients for success but hit a bump in the road just weeks after its launch.
Catch up on Monday’s post:
The Rise & Fall of Another Social Media Platform
I want to say hello to the 29 new subscribers who have joined us since last week. I hope you’ve gotten a chance to check out some of the archived posts and have found something educational!
Remember, Substack is now tracking your referrals. Post your unique link on your social media feeds, drop it in the family group chat, or recommend it in a Facebook group. If people subscribe to this newsletter with your unique code, you’ll be recognized on the leaderboard & I’ll send you some cool things.