Economic Way of Thinking

A new discovery of lithium this last week led to a flurry of headlines touting the finding as one of the biggest lithium deposits in history. The discovery comes amid fears that a shift towards electric vehicles would exhaust too much of the world’s supply of lithium—an important component in batteries. This raises an interesting question. Why do we never run out of resources when experts say we will?

Why it probz isn’t the best move to go to a town that wants to pay you.

Six people have so far participated in the sustainability campaign this summer, the Telegraph reported.

Deciphering sunk costs and opportunity costs through Disney's to close its costly Star Wars adventure hotel.

U.S. adults who routinely say hello to their neighbors have higher wellbeing than those who greet fewer or no neighbors.

Diners, who organized via Reddit, are demanding transparency

Thinking on the margin is one of the most fundamental concepts in economics–and a valuable everyday tool for making optimal decisions. For such an important ...

“Most of the stadium public finance research, including mine, has focused on construction subsidies, but this is a good reminder that they are only part of the welfare programs for billionaires lavished on sports team owners.”

“ngl it's hard to go back to a single screen once you've used a quad monitor setup”

If you don't already have a ticket to one of Taylor Swift's Eras Tour performances in Seattle this weekend, you may be out of luck. Do this instead.

160 years young… and still kickin’. Clinics promising to lengthen life for a growing number of wealthy clients are popping up across America....

Nearly four years have passed since Tulsa Remote began promising $10,000 to workers who’d relocate to the Oklahoma city for at least one year. Here’s where that program and similar efforts stand today.

Here are some states that are willing to pay you to move there, as long as you meet certain requirements.

"The reality is, if you can't hit 40,000 donors by middle of August, you have zero chance of beating Joe Biden in an election."

North Dakota Gov. Doug Burgum is offering $20 gift cards to people who donate at least $1 to his presidential campaign. Entrepreneur Vivek Ramaswamy has promised grassroots fundraisers a 10% cut of the money they bring into his campaign. Other candidates are just pleading for $1 donations or offering campaign swag at a steep discount.

Boston Mayor Michelle Wu is offering hefty tax breaks to companies to turn offices into housing, the latest example of a city seeking to address the challenges of remote work hitting downtowns and a lack of affordable residences.

The Autocado created by Chipotle and Vebu Labs could cut the prep time for the burrito chain's guacamole in half.

Join us as we change the future of work! The 4 Day Week is a reduced-hour working model, which seeks to prioritise working smarter to produce better productivity in less time.

New Tesla facility in Buffalo was supposed to house a huge solar-panel operation, but the project hasn’t turned out as planned.

Michigan taxpayers will give $1 billion for Ford’s new EV battery factory, which the automaker says will create 2,500 jobs in Marshall, MI.

Remote workers came for the cash. They stayed for the community.

Here's what anyone debating public financing for a sports stadium needs to know to combat half truths and exaggerations.

In a new paper from Economic Studies at Brookings, researchers find that federal taxpayers have footed a $3.2 billion bill to fund private sports stadiums since 2000 alone.

Politicians often argue the benefits of raising taxes to pay for sports stadiums, citing all the economic benefits that accrue from attracting major sports teams. But if there were significant economic benefits, wouldn’t private investors have an incentive to pay for the stadiums on their own? Why do we need tax revenues to fund them? This week, economist Lauren Heller joins us to talk about the economics of sport stadiums. Get a 20% discount on the mask not named in the episode by clicking below and using the coupon code wordsandnumbers. https://www.getunmask.com/?ref=8Dgb483n98NjG Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://russiandefpolicy.com/2021/12/27/russian-military-pay-still-lags/ https://www.cnas.org/publications/commentary/when-do-economic-sanctions-work-best https://www.wsj.com/articles/self-driving-trucks-start-to-propel-land-rush-near-major-cities-11646053200 Foolishness of the Week https://www.usatoday.com/story/travel/airline-news/2022/02/25/mask-mandate-travel-cdc-guidelines/6938530001/ Topic of the Week https://www.berry.edu/academics/fs/lheller Join the Conversation Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ More James at Smoke & Storieshttps://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitterhttps://twitter.com/JamesRHarrigan

Billionaires have found one more way to fleece the public: sports stadiums. And if we don’t play ball, they’ll take our favorite teams away. This kind of billionaire hardball is why State Farm Stadium, home of this year's Super Bowl, was built in the first place.

Local governments routinely subsidize sports stadiums and arenas using the justification that hosting professional franchises produces economic development and

The country is pursuing aggressive immigration targets to bolster its labor pool.