Tuesday's Assorted Links
Spending habits fifty years ago, baby changing stations, library visits, burrito bowls, and electric racecars
Hi y’all! Here are five stories from this week that contained some neat applications of economic principles or are related to teaching:
See how someone your age spent their money in 1972 [The Washington Post]
In the age of antitrust, why has Koala Kare, Big Baby Change Station, flown under the radar? [The Hustle]
The average number of visits to libraries each year has fallen by nearly half over the past decade [Publisher’s Weekly]
Here’s what analysts found after they ordered 75 burrito bowls from 8 Chipotle [Quartz]
Nascar debuted its first electric racecar in Chicago [Associated Press]
A viral TikTok video says that life is 8-10 times harder for younger generations today than it was for the ones in the 1980s. The data tells a much different story. Check out my detailed breakdown to see a more honest comparison:
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An different perspective on the effects of monopolies on the consumers:
https://www.chicagobooth.edu/review/do-monopolies-actually-benefit-consumers
SLD: the Sherman Antitrust Act is a bad law