Hello, y’all! Here are 5 stories I learned about this week that I think you’ll also enjoy reading:
The cost of dynamic pricing may be more than just the time it takes to change prices.
A gas crisis is threatening the production of Italy’s famous Murano glass factories.
East Coast vs. West Coast, but in terms of butter production.
Inflation concerns are bringing up the idea of price controls (again).
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If you missed Monday’s post, you missed the economic principles behind people’s concerns about the recent New York Times purchase of Wordle.
We’ve wrapped up five weeks of the year and the reading challenge is currently up to 5 books for the year. I finished It's All a Game, and would definitely recommend it to anyone who has a passing interest in board games. It was a nice mix of history and business, which was a change of pace from my other books.
I made some significant progress in Tim Harford’s new book, The Data Detective. In this book, he revisits the premise of How to Lie with Statistics and frames it as how everyday readers can better investigate statistical claims. I learned about the book after listening to an episode of Cardiff Garcia’s new podcast, The New Bazaar: