Discover more from Monday Morning Economist
Tuesday's Assorted Links
Font monopoly, transportation for tattoos, Communist board game, overtime pay, and American Airlines
Hi y’all! Here are five stories from this week that contained some neat applications of economic principles or are related to teaching:
Font creators say they struggle to gain a foothold in a font market dominated by a single font firm [The Hustle]
Austrians can get a year’s worth of public transportation in exchange for a specific tattoo [Insider]
In 1934, American Communists translated a Stalinist book about revolution into a children’s game. It didn’t catch on [Atlas Obscura]
The Department of Labor wants to raise the overtime threshold by more than 50% so that employers must pay overtime premiums to salaried employees who make under $1,059 each week [CNN]
The US Department of Transportation fined American Airlines $4.1 million for how many times passengers were kept on delayed planes on the tarmac [NPR]
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A California family's bold recycling scheme led to a whopping $7.6 million windfall, but it wasn't without controversy. The family cleverly exploited California's Beverage Container Recycling Program, designed to incentivize responsible recycling. They pocketed the deposit refund by importing containers from Arizona, a state without a bottle deposit fee, and recycling them in California. Giddy up!
Are you looking for ways to incorporate Monday’s newsletter into your economics curriculum? The Foundation for Economic Education has put together some assessment questions and additional prompts specifically for Monday’s post that you can use with your students this week!
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