Economics impacts our lives every day. Below are some of the top storylines from this past week related to economics.
"Talent is cheaper than table salt. What separates the talented individual from the successful one is a lot of hard work." -- Stephen King, author
Prices for sports memorabilia has appreciated in recent years, whether it be for used tickets, trading cards or bobbleheads. Collectors and sports enthusiasts enjoy retaining their ticket to a memorable game as a keepsake, but with digital and generic tickets, that may become harder to do in the future. [The Athletic]
The cookie sales help fund troop programming such as, travel, camps and other activities. Typically, an estimated 200 million boxes of cookies are sold each year or $800 million boxes worth. As COVID-19 cases spiked during the spring selling season, troops opted not to sell cookies, leaving 15 million boxes of leftover cookies. [Associated Press]
Arches National Park in Southeast Utah attracted 194,000 visitors this past April, up 15 percent from April 2019. Yellowstone National Park saw a 50 percent increase in vehicle entries over Memorial Day weekend compared to Memorial Day 2019. Some residents and park advocates are pushing parks, such as Arches, to use a reservation system. The increase in visitors is aiding the nearby economies, but residents are frustrated due to an increase in human waste and visitors damaging the area. [The Wall Street Journal]
Executives remain fearful of lawsuits from requiring a vaccine and the political upheaval it could cause, but they must weigh workplace safety as well. As many companies are weighing their options, they are surveying their workers to see how many have received the vaccine. Some companies, like Walmart, are paying their employees for proof of vaccination. Other companies plan to offer on-campus sites for vaccines for employees to gain easy access. [The New York Times]
With his space exploration company Blue Origin, Bezos and the winner will be aboard an 11-minute mission aboard a reusable rocket named New Shepherd. Nearly 7,600 people from 159 countries bid on the experience. The $28 million will be donated to Club for the Future, which is Blue Origin’s foundation. The mission will make a brief trip above the Karman line, which is the altitude where space begins approximately 62 miles above sea level. [NPR]
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All images credited to iStock