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Bananas, Diapers, and Behavioral Economics
This chapter explores the enduring popularity and affordability of bananas in the U.S. while analyzing a Japanese company's shift from baby to adult diapers due to demographic changes. It also discusses pharmaceutical pricing ethics through the lens of Ozempic, and the influential work of behavioral economist Daniel Kahneman, highlighting concepts like loss aversion. The chapter concludes with a lively discussion about MLB's opening day, including new food trends and predictions for the upcoming baseball season.
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Transcript
