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Tuesday's Assorted Links
Federal deficit, chain restaurants, economics degrees, deodorant, and all-you-can-eat buffets
Hi y’all! Here are five stories from this week that contained some neat applications of economic principles or are related to teaching:
The 2023 federal budget deficit surged by 23% to $1.7 trillion, leaving the US in its deepest yearly fiscal hole outside of the Covid era [Reuters]
Once shunned by millennials, “uncool” chain restaurants are gearing up for a comeback [Eater]
Economics is one of the 14 highest-paying bachelor's degrees [Insider]
Unilever reported a 15% surge in deodorant sales as workers returned to the office and socializing picked back up [The Guardian]
The economics behind all-you-can-eat buffets in Las Vegas [NPR’s Planet Money]
Welcome to our 49 newest subscribers who've joined our not-so-spooky economics community this past week! I’m excited to have you on board. Like trick-or-treating, our archive is full of treats to share with colleagues, students, and friends. You can pick up some extra treats when you get those same people to sign up for the newsletter with your unique code!
Trick or Treat? It's Halloween season, and there’s a tantalizing economic mystery that's as intriguing as your favorite thriller movie! Americans are all set to spend a jaw-dropping $12.2 billion on Halloween this year, but there's a twist—many are feeling pessimistic about the economy.
What's behind this remarkable surge in Halloween spending, and how does it defy prevailing economic sentiments? Dive into the fascinating story in our latest article and uncover the secrets of Halloween economics.