Monday Morning Economist

Share this post

Tuesday's Assorted Links

www.mondayeconomist.com

Discover more from Monday Morning Economist

A curious educator explains pop culture & current events with economic concepts.
Over 2,000 subscribers
Continue reading
Sign in

Tuesday's Assorted Links

Ticket resellers, police robots, cereal, dollar stores, and fall foliage

Oct 3, 2023
2
Share this post

Tuesday's Assorted Links

www.mondayeconomist.com
Share
Just 3 chains make up 70% of the "dollar store" market in the United States. Learn more in today’s assorted links 👇

Hi y’all! Here are five stories from this week that contained some neat applications of economic principles or are related to teaching:

  1. For all those ticket resellers who thought they found an arbitrage opportunity, the IRS would like their share of your profit [Gizmodo]

  2. Automation is coming for NYPD police officers who happen to be stationed in the Times Square subway station [The New York Times]

  3. Cereal is in a long-term decline as young Americans prefer alternative breakfast options [The Wall Street Journal]

  4. The economics of dollar stores [The Hustle | YouTube]

  5. Fall foliage tourists cause a variety of negative externalities, but one town in Vermont has asked tourists to travel elsewhere [NBC News]

Leave a comment


Hello to our 48 newest subscribers since last Tuesday! This past week was a really special one because we officially crossed the 2,500 mark when Rick Mintken joined the list. Thank you Rick and thank you to everyone who helped get us to this point.

You can share this newsletter with your network on LinkedIn or in Facebook groups, and earn credit towards some cool things. Just make sure you’re using the blue buttons so Substack and keep track!

Refer a friend

Share Monday Morning Economist


Last Friday, Netflix sent out its last red envelope and officially ended its DVD subscription program after 25 years in operation. The company that was famous for causing Blockbuster’s bankruptcy never faced any serious competition in the entertainment-by-mail space. But why? It turns out that the industry structure supported a natural monopoly.

FEE Learning Center

How Netflix Ruled as a Natural Monopoly of Home Entertainment by Mail

Jadrian Wooten
·
Oct 2
How Netflix Ruled as a Natural Monopoly of Home Entertainment by Mail

In the late 1990s and early 2000s, Blockbuster Video was the undisputed king of the movie rental business. With thousands of brick-and-mortar stores scattered across the United States, Blockbuster provided families with access to a vast catalog of films. But then,

Read full story
2
Share this post

Tuesday's Assorted Links

www.mondayeconomist.com
Share
Previous
Next
Comments
Top
New
Community

No posts

Ready for more?

© 2023 Jadrian Wooten
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing