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Tuesday links: your personal economy

Abnormal Returns

marketwatch.com) Food How Celsius ($CELH) became an energy drink powerhouse. fooddive.com) Economy Why attitudes about the state of the American economy are so divergent. (wsj.com) Mark Cuban Cost Plus Drug Co. is shining a light on high generic drug prices. fastcompany.com) Fruit juice sales are in secular decline.

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Friday links: infrequent revolutions

Abnormal Returns

washingtonpost.com) Food Ghost kitchens were hot. nytimes.com) How Wonder hopes to disrupt food delivery. eater.com) Cities are pushing back against mega-fast food drive throughs. vox.com) Economy Food inflation is moderating. econbrowser.com) How immigrants are bailing out Maine's economy. Now not so much.

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Friday links: a less predictable world

Abnormal Returns

fortunesandfrictions.com) Food Mark Lore's startup Wonder is spending big to try to solve dinner. nytimes.com) Kernel is a vegan takeout place where the food is made largely by robots. wsj.com) Economy 2024 Q1 GDP still tracking around 2% growth. hottakes.space) How the pandemic unleashed the 'introvert economy.'

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Monday links: the ultimate anecdote

Abnormal Returns

thebasispoint.com) Economy National homebuilder confidence ticked up in March. apolloacademy.com) Food inflation is set to slow in 2024. econbrowser.com) Strong economy? (wsj.com) How home buying is going to change with a new commission regime. insights.finominal.com) Disruption of the Suez Canal is real. Thank immigrants.

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Friday links: remarkable assertions

Abnormal Returns

usatoday.com) Aldi is thriving amid rising food prices. 404media.co) Economy Q1 2024 GDP is tracking around 2% growth. economy is in bad shape? (theirrelevantinvestor.com) How AI could help SaaS companies. tomtunguz.com) Grocery Large grocery chains took advantage of their supply relationships during Covid shortages.

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Want More Jobs? Raise the Minimum Wage

The Big Picture

Perhaps even more surprising has been the wholesale abandonment of specific industries: Food service, retail, etc., I have been nurturing a pet thesis as to why higher minimum wages are a net positive for an economy: It acts as a transfer of revenue allocation from low-wage employers and franchisees from Capital to Labor.

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Sunday links: a shrinking pie

Abnormal Returns

theguardian.com) Why some states are unwilling to help students to get food during the summer. slate.com) Economy Why everyone keeps underestimating the strength of the U.S. (crr.bc.edu) Paying off people's medical debt doesn't seem to move the needle on wellness. axios.com) Why don't Americans have more leisure time?