Tuesday's Assorted Links
Sherpa poisoning, Kentucky bourbon, Netflix prices, NFL subscriptions, and baggage fees
Hi y’all! Here are five stories from this week that contained some neat applications of economic principles or are related to teaching:
Everest guides accused of poisoning foreign climbers to force fake rescues in $20 million scam [The Independent]
Why Is 95% of the world’s bourbon made in Kentucky? [Freakonomics]
An Italian court ruled that because Netflix hiked prices without explaining why, it must refund customers up to $576 and reduce their subscription fees [ARS Technica]
The Justice Department is investigating the NFL on possible anticompetitive practices related to subscription fee concerns [NBC News]
American Airlines is joining Delta, United, Southwest, and JetBlue in raising its checked bag fees as the industry deals with high jet fuel prices [CNBC]
In honor of Financial Literacy Month, we put our readers to the test with a three-question quiz. This week’s article breaks down where states stand on requiring personal finance education in high schools, what the research says about whether it actually works, and what you can do right now regardless of what your state did or didn’t teach you.
If you haven’t had a chance to read it yet, it’s worth the few minutes.
Most Americans Can't Answer These Three Money Questions
April is Financial Literacy Month, and we’re starting this week’s newsletter with a pop quiz. Our version only has three questions, and your score won’t appear in any government database. These questions are part of a broader story of financial education in this country.
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> American Airlines is joining Delta, United, Southwest, and JetBlue in raising its checked bag fees
Oligopoly! I bet their HHI is like 70%