Best Economics Articles & Videos on the internet • Discoverology

Economics

Read the best economics articles from around the internet, or watch the most insightful economics videos from platforms like Youtube, Vimeo or leading economics publishers like The Economist, Bloomberg, Quartz, Fortune and many more.

How Rwanda Is Becoming The Singapore Of Africa

How Rwanda Is Becoming The Singapore Of Africa

Economics, Videos, World

Rwanda is now the 15th fastest growing economy in the world as its government has set out a clearly defined mission—they want to become the Singapore of Africa. To understand what this means, though, you have to understand what Singapore is.

The Economics Of Cruise Ships

The Economics Of Cruise Ships

Business, Economics, Explainers

For decades, cruise companies have gone to great lengths to bypass US employment laws, hiring foreign workers for less than $2/hour. They’ve sheltered themselves as foreign entities while simultaneously benefitting from US taxpayer-funded agencies and resources.

The Economy Of Italy, Has The Luck All Run Out?

The Economy Of Italy, Has The Luck All Run Out?

Economics, Explainers, Videos

Once the seat of the roman empire, it is now home to a surprisingly robust yet temperamental economy. The economy of Italy followed a path very similar to that of Germany’s all be it with a little more flamboyancy which has found them where they are today.

Can $500 A Month Change Your Life?

Can $500 A Month Change Your Life?

Economics, Politics

A California-based experiment in universal basic income considers the mundane, and potentially transformative, power of a little extra cash. It’s not a new idea, dating as far back as Tudor England. Thinkers ranging from Martin Luther King Jr. to Milton Friedman have backed it.

Why Prices Differ Around the World

Why Prices Differ Around the World

Economics, Explainers, Videos, World

If you have ever traveled somewhere, especially to countries that are either a good deal richer or poorer than your own, you might have noticed that some places are certainly a lot more expensive than others. There seems to be a strong correlation between the average wealth of a country and the cost of goods and services.

How Do Airlines Price Tickets?

How Do Airlines Price Tickets?

Economics, Explainers, Videos

To the average buyer, airline ticket prices appear to fluctuate without reason. But behind the process is actually the science of dynamic pricing, which has less to do with cost and more to do with artificial intelligence.

The Great Wall Street Housing Grab

The Great Wall Street Housing Grab

Economics, Life, Long Reads

Wall Street’s latest real estate grab has ballooned to roughly $60 billion, representing hundreds of thousands of properties. In some communities, it has fundamentally altered housing ecosystems in ways we’re only now beginning to understand, fueling a housing recovery without a homeowner recovery.

Alice Mann

Inspiration
Alice Mann
How America’s Biggest Theater Chains Are Exploiting Their Janitors

How America’s Biggest Theater Chains Are Exploiting Their Janitors

Art, Economics

The major chains — AMC, Regal Entertainment and Cinemark — no longer rely on teenage ushers to keep the floors from getting sticky. Instead, they have turned to a vast immigrant workforce, often hired through layers of subcontractors. That arrangement makes it almost impossible for janitors to make a living wage.

The Decoy Effect: How You Are Influenced To Choose Without Really Knowing It

The Decoy Effect: How You Are Influenced To Choose Without Really Knowing It

Business, Economics

The decoy effect is defined as the phenomenon whereby consumers change their preference between two options when presented with a third option – the “decoy” – that is “asymmetrically dominated”. It is also referred to as the “attraction effect” or “asymmetric dominance effect”.

Apollo 11 Flight Plan Final Edition

Apollo 11 Flight Plan Final Edition

Sponsored

The original “final edition” of the Apollo 11 flight plan, restored and reprinted for the 50th Anniversary of the moon landing that took place in 1969.

What Does A Cashless Future Mean?

What Does A Cashless Future Mean?

Economics, Politics, Videos

Operating in cash costs countries about 0.5% of their GDP every year. But cost isn’t the only incentive to move towards a cashless future. Many countries are going cashless at great speed. What are the advantages of ditching hard cash and what are the dangers?

Why Aren't Millennials Buying Homes?

Why Aren't Millennials Buying Homes?

Economics, Videos

In the UK, only one in four middle-income millennials are on the housing ladder. Twenty years ago,  65% of this group owned homes. What’s changed? Is it possible to buy a house without help? And with more people privately renting, what are the implications for starting families, retirement and society at large?

Liam Wong

Inspiration
Liam Wong
How McKinsey Destroyed The Middle Class

How McKinsey Destroyed The Middle Class

Business, Economics

Consultants seek to legitimate both the job cuts and the explosion of elite pay. Rather than simply improving management, to make American corporations lean and fit, they fostered hierarchy, making management, in David Gordon’s memorable phrase, “fat and mean.”

Will Upzoning Neighborhoods Make Homes More Affordable?

Will Upzoning Neighborhoods Make Homes More Affordable?

Cities, Economics, Long Reads

Housing affordability is a growing issue in America, and there’s a battle over how to fix it happening on blocks across the country. Zoning—the rules that govern how cities use their land—is on the front line. Cities and states across the country are proposing new upzoning laws to combat the housing crisis. Will they work?

The Tricky Economics Of All-You-Can-Eat Buffets

The Tricky Economics Of All-You-Can-Eat Buffets

Economics, Food

For a small fee, you’re granted unencumbered access to a wonderland of gluttony. Is it possible to out-eat the price you pay for a buffet? How do these places make money? We looked at the dollars and cents behind the meat and potatoes.

Beyond The Growth Gospel

Beyond The Growth Gospel

Business, Economics, Long Reads

The Hotel Belvédère du Rayon Vert symbolizes the very empire these adherents of “degrowth,” as the movement is known, wish to overthrow: consumption, wealth, inequality, travel, and cement, the whole modern industrial condition.

Letting Slower Passengers Board Airplane First Really Is Faster, Study Finds

Letting Slower Passengers Board Airplane First Really Is Faster, Study Finds

Economics, Science

Commercial airlines often prioritize boarding for passengers traveling with small children, or for those who need extra assistance, before starting to board the faster passengers. It’s counter-intuitive, but it turns out that letting slower passengers board first actually results in a more efficient process.

The British Once Built A 1,100-Mile Hedge Through The Middle Of India

The British Once Built A 1,100-Mile Hedge Through The Middle Of India

Economics, History, Nature

There was nothing charming about what the British built. It wasn’t meant to protect anything except imperial revenue. It grew along the Inland Customs Line, a bureaucratic barrier that the British created to impose a high salt tax on the people living on one side of the line—the relatively saltless one.

Pablo Pasadas

Inspiration
Pablo Pasadas
Life At The End Of American Empire

Life At The End Of American Empire

Economics, Politics

The 2008 crisis and the government’s response made obvious the extent of economic and political inequality in the United States, and the absolute decline in wealth and well-being for a growing fraction of Americans. Evidence of decline is manifest to those of us living in America in the first decades of the 21st century.

Raising The Minimum Wage By $1 May Prevent Thousands Of Suicides, Study Shows

Raising The Minimum Wage By $1 May Prevent Thousands Of Suicides, Study Shows

Economics, Health, Life, Politics

Between 1990 and 2015, raising the minimum wage by $1 in each state might have saved more than 27,000 lives, according to a report published this week in the Journal of Epidemiology & Community Health. An increase of $2 in each state’s minimum wage could have prevented more than 57,000 suicides.

The Price Of Dominionist Theology

The Price Of Dominionist Theology

Economics, Life, Long Reads

Because my father believed that debt was sinful, and believed God wanted him and my mom to have as many kids as possible, they were too broke to help me pay for college. Because of this anti-debt theology, I wasn’t allowed to take out student loans, and had to attend a really conservative Christian college because it was so cheap.

How Chicken Became The Rich World’s Most Popular Meat

How Chicken Became The Rich World’s Most Popular Meat

Economics, Food

Humans gobble so many chickens that the birds now count for 23bn of the 30bn land animals living on farms. Chicken is cheap and delicious. Fans of cheap chicken have selective breeding to thank. Farmers have also benefited from the healthy reputation of chicken.

The Economic Failure Of Venezuela

The Economic Failure Of Venezuela

Economics, Explainers, Videos

In terms of countries that had it easy Venezuela by all counts should be at the top of the list, it is home to the largest oil deposits in the world, easily beating out the typical oil giants like Saudi Arabia, Kuwait and the United Arab eremites. But they squandered it.

How ‘Landscape Urbanism’ Is Making Gentrification Look Like Fun

How ‘Landscape Urbanism’ Is Making Gentrification Look Like Fun

Architecture, Cities, Economics

The High Line and its imitators are examples of “landscape urbanism,” a growing design movement that places green space in collision with old infrastructure. Rehabilitation projects follow a familiar playbook, aestheticizing the labor of the past even as they support a gentrified future.

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