Tuesday's Assorted Links
Hacky sacks, summer vacations, Xbox, tech sell off, and Fond du Lac
Hi y’all! Here are five stories from this week that contained some neat applications of economic principles or are related to teaching:
Hacky sacks are back, but its increased popularity is causing a shortage [NPR]
45% of Americans say they’re not taking a summer vacation this year, mostly due to high costs [NPR]
Microsoft increased the price of Xbox consoles, citing rising costs for memory and storage components [CNBC]
Investors around the world are dumping tech in what may be a sign that traders have become skittish about the long-term profitability of AI and chipmakers [CNN Business]
A small town in Wisconsin is offering young professionals a cash stipend along with comped local experiences and memberships to encourage them to settle down there [USA Today]
Last week, I finally made it to a World Cup match, but I also came home with an economics lesson I wasn’t expecting. If you’ve ever stood up at a concert or game because everyone in front of you did, you already understand negative externalities. Check it out if you missed it.
Everyone Stood Up, But Nobody Got a Better View
Last week I checked something off my bucket list: attending a World Cup match. My seat was genuinely good; you can see it above. It was the last row of a lower bowl section, just off-center from the back of one of the nets.…
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Time for me to break out my Wham-O hackey sacks from the late 90s!