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The Economics of Everyday Things

Freakonomics Network & Zachary Crockett

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93. Pearls

These glistening round gemstones have come a long way since your grandmother's time, but procuring them is still a lot of work. The world is Zachary Crockett’s oyster.   SOURCES:Jeremy Shepherd, C.E.O. of Pearl Paradise.James Brown, owner of Cygnet Bay Pearl Farm.  RESOURCES:"Pearls Have Acquired a New Luster Among Young Designers," by Victoria Gomelsky (New York Times, 2024)."The Value of Pearls: A Historical Review and Current Trends," by Akitsugu Sato and Laurent Cartier (GemGuide, 2022)."From Single Source to Global Free Market: The Transformation of The Cultured Pearl Industry," by Russell Shor (Gems & Geology, 2007).  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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