Economic Way of Thinking

The magnets that make EV cars work aren't getting to the US

Recently, I said, “Thank you,” to my printer. Not because it did anything heroic, unless printing out a mildly off-center PDF counts as gallantry, but because

The Texas House approved a $300M biennial incentive bill. The boost could reshape Texas's screen industry and keep Hollywood's names at home.

The US Treasury is phasing out production of the penny and will soon stop putting new one-cent coins into circulation, the department said in a statement Thursday.

Starting today, the Federal Trade Commission’s rule on misrepresenting fees and bait-and-switch pricing takes effect for businesses selling live-event tickets and short-term lodging.

After getting every other streaming service to copy its endless scroll of static tiles, Netflix wants to be more precise.

The Commanders have pledged to shell out $2.7 billion for the new development, while taxpayers will be on the hook for about $1 billion.

Its parent company just struck a deal to stave off financial problems related to MSG Networks, but a big issue remains: the Sphere’s costs are...

Saying "please" and "thank you" to ChatGPT has cost OpenAI "tens of millions of dollars," the company's CEO said on social media last week.

Tuition discounts haven’t worked. Nor has mostly free community college. Now, the state is trying sweepstakes to get more teens to fill out financial aid forms. Similar incentives have had mixed success.

Drone startup Zipline is delivering Walmart packages in the Dallas area.

Pawnee City, a little more than an hour southeast of Lincoln, has launched a program to reinvigorate the rural town of around 900 people.

Former Microsoft and now Amazon exec Panos Panay announced that Amazon has added the photo library feature everyone was asking for: shopping links. The image storage service’s search uses image recognition to analyze your photos and surface products it thinks you’re searching for, then pop up a lens icon over them so you can buy them on Amazon. It’s unclear from the help page whether turning off the Tag Photos feature will shut this down if you’d like to opt out -- we’ve contacted Amazon for more info. [Media: https://www.threads.net/@panospanay/post/DHwnqEFSvNq]

When $2 eggs jump to $5, suddenly $7 eggs don’t seem so crazy. Economics has a name for that.

State’s manufacturing workforce keeps shrinking

Cloudflare has a new AI-generated “honeypot.”

Independently produced by award-winning filmaker, Ben Niles, Note by Note follows the creation of a Steinway concert grand, #L1037, from forest floor to concert hall.

The devices will be used to airlift heavy, dangerous loads normally carried by mountain guides. They might even deliver a hot meal or two.

Last year, Michigan invested well over $100 million in student scholarships. Even so, the rate of high school grads going to college is still below pre-pandemic levels.

With the rise in the demand for the 4-Day Work Week, being assessed on tasks completed – not hours spent working, the message is clear: People want to work less.

The number of new babies born dropped 5% last year....

"Work hard, don't work hard—everyone gets the same. So people don't want to work," said Yan Junchang, a farmer in the village of Xiaogang who spearheaded a movement in 1978 that revolutionized China's backward economy.

Company returning production to South Carolina

Plus! Work-from-home-wear reader poll results!! A fancy new literary review!!!

What’s eating all the profits?...

Perplexity's Super Bowl contest managed to move the needle on its app's downloads. Unlike OpenAI and Google, the AI search engine chose to forgo an