Look Who it Was Random video

Episode 31: Makeup, Macs, and Markets

893 views · Published 30 November 2018 · 30:55 · Indexed 6 November 2026

Channel: Foundation for Economic Education · 2018 · Education

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‘Tis the season for holiday sales, so the FEEcasters discuss the economics of the products they’ve got their eyes on: makeup and Apple products. Celebrity-driven brands are disrupting the established players in the beauty care industry by expanding the diversity of the skin tones they serve. And Apple stock is down due to soft iPhone sales. It all goes to show that, now matter how dominant a company may seem, the consumer holds the ultimate power to make or destroy business fortunes.

Show Notes:

How Kylie Jenner Is Changing the Face of Entrepreneurship
https://fee.org/articles/how-kylie-jenner-is-changing-the-face-of-entrepreneurship/

A 'Made in America' iPhone Would Cost $2,000, Studies Show
https://fee.org/articles/a-made-in-america-iphone-would-cost-2-000-studies-show/

Capitalism Encapsulated: Mises in Four Easy Pieces
https://fee.org/articles/capitalism-encapsulated-mises-in-four-easy-pieces/

I, Pencil
https://fee.org/resources/i-pencil/

Apple CEO Tim Cook on privacy: 'we have to admit when the free market is not working'
https://www.businessinsider.com/apple-ceo-tim-cook-on-privacy-the-free-market-is-not-working-regulations-2018-11 

Apple CEO Tim Cook explains why Apple products were exempt from Trump’s China tariffs
https://www.cnbc.com/2018/09/18/apples-tim-cook-says-its-not-really-great-to-tariff-apple-products.html

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