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Tuesday's Assorted Links
Charity, alien invasions, US Steel, fast food, and country music
Hi y’all! Here are five stories from this week that contained some neat applications of economic principles or are related to teaching:
A new study indicates that people donate to charity when they’re already feeling happy, which differs from the common theory that people get a happiness boost after donating to charity [Quartz | original study]
US Steel, a symbol of American industrial might in the early 1900s, is considering selling itself [Forbes]
Six reasons fast food is on the rise [The Washington Post]
- analyzes the economics behind the viral song "Rich Men North of Richmond" [Noahpinion]
I want to wish a warm welcome to the 78 (!) new subscribers who have joined us over the past week. If you’re forwarding emails to friends or posting links on social media, be sure you’re using the blue buttons so that Substack can keep track of your referrals and I can send you goodies!
I also want to give a special shout-out to Dr. Daniel Parisian and his students at UNC-Pembroke who have signed up in mass over the past week. Dr. Parisian’s students will be following along all semester and will eventually write their own version of the newsletter as part of their course. Hopefully, we can get some of the best posts to contribute to a special edition of later in the semester!
Explore the intriguing world of "girl math," a trend blending creative rationalization and finance to make luxury purchases feel reasonable. It’s really just a creative application of behavioral economics.