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.

Sitzfleisch: The German Concept To Get More Work Done

Sitzfleisch: The German Concept To Get More Work Done

Business, Economics

To have sitzfleisch means the ability to sit still for the long periods of time required to be truly productive; it means the stamina to work through a difficult situation and see a project through to the end. Angela Merkel has it in abundance – how do you cultivate this crucial skill?

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.

Why Airplane Boarding Got So Ridiculous

Why Airplane Boarding Got So Ridiculous

Economics, Explainers

Airlines were focused on finding the fastest possible boarding method, so planes can spend less time at gates and more time in the air, making money. They might have stuck with that aim if it weren’t for the other change, which has to do with the fight for overhead bin space.

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 Economics Of Airline Class

The Economics Of Airline Class

Business, Economics, Videos

The story of the development of airline classes really isn’t the story of how airlines developed more and more luxurious seats, it’s how they cut costs to allow more and more people to fly. It’s also a fascinating demonstration of economics.

Big Tech Takes Aim At The Low-Profit Retail-Banking Industry

Big Tech Takes Aim At The Low-Profit Retail-Banking Industry

Business, Economics, Innovation, Tech

After years of timidity Big Tech, with its billions of users and gigantic war chest, at last appears serious about crashing the fintech party. Amazon and Apple introduced a credit card. Facebook announced a new payments system and Google said it would start offering current (checking) accounts in America.

Bashir Sultani

Inspiration
Bashir Sultani
From 2nd Poorest Country To Fastest Growing Economy in the World

From 2nd Poorest Country To Fastest Growing Economy in the World

Economics, Videos

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.

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 Productivity Paradox

The Productivity Paradox

Business, Economics, Tech

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?

Life Under The Algorithm

Life Under The Algorithm

Business, Economics, Life, Long Reads

Increase your output, get paid more. Wages go up with productivity. Until, it turns out, they don’t anymore. The unwinding of this agreement in recent decades, such that workers must continue to produce more without expecting it to show up in their pay stubs, has now been the subject of a good deal of discussion and debate.

How Air Conditioning Created The Modern City

How Air Conditioning Created The Modern City

Cities, Economics, Nature

The shopping mall would have been inconceivable without air conditioning, as would the deep-plan and glass-walled office block, as would computer servers. The expansion of tract housing in postwar suburban America relied on affordable domestic air conditioning units.

Nikolay Schegolev

Inspiration
Nikolay Schegolev
The Economy Of Cuba

The Economy Of Cuba

Economics, Videos

Cuba is home to possibly the most bizarre economy in the world. Its wild swings between a hardcore capitalist society to a worker’s paradise and now an odd combination of both has meant that the country has probably not been able to live up to its full potential.

The Case Against Boeing

The Case Against Boeing

Business, Economics, Long Reads

In the wake of the 737 MAX disasters, caused by a software feature, Boeing and regulators initially placed blame on the planes’ pilots. Since Samya Stumo’s death in a 737 MAX crash, her parents and her great-uncle, Ralph Nader, have devoted themselves to proving that the company put profit over safety.

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.

Millennials Don’t Stand A Chance

Millennials Don’t Stand A Chance

Economics, Life

Millennials entered the workforce during the worst downturn since the Great Depression. They are now entering their peak earning years in the midst of an economic cataclysm more severe than the Great Recession. They will be the first generation in modern American history to end up poorer than their parents.

The Myth Of The Ethical Shopper

The Myth Of The Ethical Shopper

Business, Economics, Long Reads

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?

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.

Michael Crichton

Inspiration
Michael Crichton
What Do We Call Boomers Who Are Just As Screwed As Millennials?

What Do We Call Boomers Who Are Just As Screwed As Millennials?

Economics

The rise of hustle culture is often attributed to millennials, but when it comes to grinding in the gig economy these days, Boomers are leading the way. According to Uber, 25 percent of its millions of workers are over 50, with more drivers over 50 than under 30. Meanwhile, Boomer homeowners are the fastest growing demographic for Airbnb.

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 Bigger Planes Mean Cramped Quarters

Why Bigger Planes Mean Cramped Quarters

Business, Economics, Explainers

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.

The Cost Of Keeping Singapore Squeaky Clean

The Cost Of Keeping Singapore Squeaky Clean

Cities, Economics, Nature

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.

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