Tuesday's Assorted Links
Data centers, Gulf of America, consumer confidence, popcorn taxes, and tracking devices
Hi y’all! Here are five stories from this week that contained some neat applications of economic principles or are related to teaching:
Data centers in Virginia—reportedly home to more than 35% of the world’s known hyperscale data centers—are responsible for 26% of the state’s total electricity consumption [Frontier Group]
Is it the Gulf of Mexico or the Gulf of America? Is it Mount Denali or Mount McKinley? Here’s how cartographers are reacting to Trump’s attempt to mark his territory [Associated Press]
US consumer confidence fell to a four-month low as Americans are now less optimistic about the economy and job market [PBS]
The India popcorn tax controversy [Morning Brew]
Logitech will release a device that allows employers to invisibly track if people are in the office [The Verge]
Why is a Paul Skenes baseball card worth more than an average house in Pittsburgh? It’s not just about the player, the brand, or even hype—it’s economics at work. This one-of-a-kind card has a perfectly inelastic supply, meaning no matter how many people want it, the quantity stays the same: one. The only thing that can adjust? The price.
Why the Paul Skenes Baseball Card Is Worth A Million Dollars
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