Tuesday's Assorted Links
Truffles, silent depression, superstar athletes, global fashion, and unhappy hour
Hi y’all! Here are five stories from this week that contained some neat applications of economic principles or are related to teaching:
There’s a fascinating story behind the market for truffles [Economics of Everyday Things]
Are we actually living in a Silent Depression? [Economics with Dr. A]
Are superstar athletes good for the economy? [The Hustle]
Extreme weather could cost the global fashion industry $65B in missed earnings by 2030 [CNN]
Some Brits are calling it an ‘Unhappy Hour’ as a large U.K. pub chain adopts surge pricing for pints [The New York Times]
Hello to our 36 newest subscribers from the past week! I’ve been writing this newsletter for a few years now, so check out the archive for some classic posts. You may find some interesting gems hidden in the original posts from 2021.
Two families in Maine are fighting over access to the beach in front of their homes. One family claims it's common land, while the other believes they own the beach. Why can't the Coase Theorem solve this problem?
The Foundation for Economic Education (FEE) has put together some great assessment questions that you can use with your students this week! Sign up for the new FEE Learning Center to get additional resources delivered straight to your inbox each week.