Hi y’all! Here are five stories from this week that contained some neat applications of economic principles or are related to teaching:
About 60% of Americans consider themselves “working class,” including some with college degrees and high incomes [Pew Research Center]
Revenue in the private security sector climbed 17% over the past decade to above $50 billion in 2025 [CNBC]
According to the OECD’s education report, students who use AI for schoolwork underperform those who don’t by a significant amount [Yahoo! Finance]
Snoop Dogg is hiring an international ice cream taster who will be paid $10k a month [NBC News]
Satisfaction with K-12 education hits new low [Gallup]
Last year’s US Open set a record at the concession stand, where a $23 cocktail called the Honey Deuce pulled in over $17 million in sales. Once the numbers are crunched for this year, tournament organizers are hoping for another record breaking year. But why has a drink that has barely changed over the past 20 years suddenly become a viral phenomenon the past few years. It turns out that an equally old economic theory explains a lot more than just tennis.
An Overnight Success, 18 Years in the Making
The US Open is officially over, which means my feed will be free of Honey Deuce cups for another year. Elena Rybakina and Alexander Zverev will go down as this year’s champions, but they weren’t the only big winners. The tournament’s famous…
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Re: Class Idenfitication, Kathryn Ann Edwards wrote a post about this last week that goes into the data: thhttps://www.kedits.com/p/who-is-americas-working-class