Tuesday's Assorted Links
McFlurry's, bank accounts, The Washington Post, cost of college, and ranked-choice voting
Hi y’all! Here are five stories from this week that contained some neat applications of economic principles or are related to teaching:
The US Copyright Office granted a copyright exemption that will allow third parties to bypass digital locks and repair commercial restaurant equipment [CNN]
Treasury Secretary Janet Yellen has released plans to get more Americans to open bank accounts [Yahoo! Finance | Treasury Report]
The Washington Post’s decision to ditch election endorsements was met with over 200,000 subscription cancellations — about 8% of the paper’s paid readership [NPR]
The cost of college in the U.S. is going… down? [The Hill]
A visual explanation of how ranked-choice voting works [Reuters]
Why do the wealthy vote, even with high opportunity costs? Economic logic suggests they wouldn’t—yet they’re among the most consistent voters. The traditional cost-benefit analysis of voting misses an important factor. When voting is framed as a hedge against policy risks, it makes a lot more sense.
Why Do the Rich Vote?
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