Tuesday's Assorted Links
McDonalds, poor countries, dynamic pricing bans, high earning teens, and economic forecasts
Hi y’all! Here are five stories from this week that contained some neat applications of economic principles or are related to teaching:
According to the fast food chain, 1 in 8 Americans have worked at a McDonald’s at some point in their lives [The Washington Post]
A new report finds that the world’s 26 poorest countries are in more debt now than at any other time since 2006 [The World Bank]
Australia plans to ban dynamic pricing, with Prime Minister Anthony Albanese calling it a “dodgy” practice [The Guardian]
Approximately every US high school has at least one “ultra high earning” teen annually earning $10k+ from online side hustles [Fortune]
What 66 economists say about the future of the economy, in charts [The Wall Street Journal]
Millions of leaf peepers are flocking to trails and parks to witness the breathtaking fall foliage. But behind the beauty lies a deeper problem—the tragedy of the commons. Overcrowded trails, littered parks, and environmental damage show how public spaces, as common resources, are vulnerable to overuse.
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