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.
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.
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.
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.
Thomas Piketty’s 753-page book “Capital in the Twenty-First Century”, published in 2013, sold 2.5 million copies worldwide and helped put inequality on the global agenda. But his latest, the even thicker “Capital and Ideology”, may prove still more influential.
This Hotel lists hotel, hostel and bed & breakfast recommendations from trusted experts like New York Times, Lonely Planet, Fodor’s, Frommers, CNN and many more.
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?
This video takes a look at Sir Seretse Khama, the man that oversaw Botswana’s transformation from to 2nd poorest country in the world to the fastest-growing economy. Botswana today is the world’s largest producer gem diamonds and is one of only a handful of middle-income countries in sub-Saharan Africa.
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.
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.
Founding father and first Prime Minister Lee Kuan Yew kicked off the Keep Singapore Clean campaign 50 years ago. The aim wasn’t just to make the city more pleasant. A cleaner city, Lee Kuan Yew reasoned, would create a stronger economy.
Meritocracy has become a leading social ideal. Politicians across the ideological spectrum continually return to the theme that the rewards of life – money, power, jobs, university admission – should be distributed according to skill and effort.
Sri Lanka has reclaimed two square kilometers of land from the Indian Ocean to double the size of its capital and retain talent, but will the investment pay off?
A limit would help to slow the growth of economic inequality and prevent reckless risk-taking by CEOs who otherwise might feel motivated to try to drive up the stock price of their company and therefore their bonus.
Global finance is being transformed as billionaires get richer and cut out the middlemen by creating their own “family offices”, personal investment firms that roam global markets looking for opportunities.
THRILLD offers easy-to-understand and extensive guides on how to make money, save money and grow money.
Some major textbooks feature illustrations of Texas Instruments–series calculators alongside the text, so students can use their Texas Instruments calculator with the lesson plan, emphasizing how deeply interwoven Texas Instruments remains with the educational hegemony.
On any given day, thousands of packages from Walmarts, Targets, and stores around the country travel north along a two-lane road out of Billings, Montana — past the Tumbleweed Saloon, past cows grazing on empty rangeland, past the Busy Bee Cafe and stands of short pines — to the town of Roundup, where they will be unboxed, re-boxed, and sent off to Amazon.
Jeff Bezos’s big bet is that he can make buying from Amazon so effortless that we won’t notice the company’s creeping grip on commerce and its underlying infrastructure, and that we won’t notice what that dominance costs us. Amazon has unprecedented power to steer our choices.
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.
In one of the best decades the American economy has ever recorded, families were bled dry by landlords, hospital administrators, university bursars, and child-care centers. For millions, a roaring economy felt precarious or downright terrible.
Some of the cultural markers associated with the middle class–like education–have shifted. But its aspirations? Not so much.
Despite Ontario’s recent minimum wage increase, workers are still struggling to make ends meet. Even for those who have full-time jobs, earning minimum wage means they have to make a lot of difficult choices.
Medical debt is a uniquely American phenomenon, a burden that would be unfathomable in many other developed countries. According to a survey in the American Journal of Public Health, nearly 60 percent of people who have filed for bankruptcy said a medical expense contributed to their bankruptcy.
What has happened in those sweatshops since they became a cultural fixation three decades ago? All sources led to the same conclusion: Boycotts have failed. Our clothes are being made in ways that advocacy campaigns can’t affect and in places they can’t reach. So how are we going to stop sweatshops now?
Politicians are floating the idea that the economy supersedes the needs of living, breathing human beings; cruise and airline companies are demanding bailouts and full control over the terms; senators are doing crimes in broad daylight; and billionaire corporatists who did the same are asking regular people for money.
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.
Ruja Ignatova called herself the Cryptoqueen. She told people she had invented a cryptocurrency to rival Bitcoin, and persuaded them to invest billions. Then, two years ago, she disappeared. Jamie Bartlett spent months investigating how she did it and trying to figure out where she’s hiding.
One of the most important economic stories of the past couple of decades is the rise of economic inequality in the United States and around the world. Since 1980, economists say, wage growth for the highest-paid workers has been roughly triple that for the lowest paid. In some cities, the disparity is wider.
Walmart has an incentive to become the place people think about when they think of their financial future. Inside Walmart’s curious, possibly ingenious effort to get customers to build up their savings accounts.
Zataari in Jordan, the largest Syrian refugee camp in the world with 80,000 people, was supposed to provide temporary housing for people. But since residents have not been able to leave, they have started 3,000 businesses, including pastry shops, a pizza place, a supermarket and a gardening shop.
In Pakistan, China and the U.S. are clashing over China’s One Belt, One Road initiative. To understand what’s at stake, it helps to take a look at why China is in Pakistan in the first place.
Higher productivity means the expectation of rising wages and abundant job opportunities. In a time of Facebook, smartphones, self-driving cars, and computers that can beat a person at just about any board game, how can the key economic measure of technological progress be so pathetic?
Why luxury goods don’t impress, but repel. One story that’s true: Acquiring something luxurious can temporarily increase one’s self-esteem. One story that’s not: Acquiring something luxurious can impress potential friends.
There are two different tales we tell ourselves about houses. The primary story is about bright futures, long lives, children, grandchildren, and hard-earned success. The second story, the darker story, is about the horror of being trapped.
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.”
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 current Boeing 737s, the world’s most flown craft, are all longer than the original by up to 45 feet. And yet, on the inside, we’re getting squeezed. That’s because more space doesn’t equal more space in Airline World. It equals more seats—and typically less room per person.
In America almost 40m people—one eighth of its population—live in poverty. Why does the richest big country in the world still have so many people living in profound need?
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.
