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.

Why Do We Work So Hard?

Why Do We Work So Hard?

Business Economics Health Long Reads

Work, in this context, means active, billable labour. But in reality, it rarely stops. It follows us home on our smartphones, tugging at us during an evening out or in the middle of our children’s bedtime routines. It becomes our lives if we are not careful. It becomes us.

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.

The Unraveling Of America

The Unraveling Of America

Economics Long Reads Politics

If and when the Chinese are ascendant, with their concentration camps for the Uighurs, the ruthless reach of their military, their 200 million surveillance cameras watching every move and gesture of their people, we will surely long for the best years of the American century.

Virginia Mori

Inspiration
Virginia Mori
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?

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 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.

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 Great American Tax Haven: Why The Super-Rich Love South Dakota

The Great American Tax Haven: Why The Super-Rich Love South Dakota

Business Economics Long Reads

Last year billionaire Sun Hongbin quietly transferred $4.5bn worth of shares in his Chinese real estate firm to a company on a street corner in Sioux Falls, South Dakota. Thanks to its relish for deregulation, the state is fast becoming the most profitable place for the mega-wealthy to park their billions.

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.”

Matt Rota

Inspiration
Matt Rota
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.

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”.

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 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.

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.

How Oxford University Shaped Brexit — And Britain’s Next Prime Minister

How Oxford University Shaped Brexit — And Britain’s Next Prime Minister

Economics Long Reads Politics

You turn the pages of yellowing student newspapers from 30 years ago, and there they are, recognisably the same faces that dominate today’s British news. Boris Johnson running for Union president, Michael Gove winning debating contests, Jeremy Hunt holding together the faction-ridden Oxford University Conservative Association (OUCA).

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.

Joseph Ford

Inspiration
Joseph Ford
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.

The Homeownership Obsession

The Homeownership Obsession

Economics Life

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.

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.

Use A 'Fake' Location To Get Cheaper Plane Tickets

Use A 'Fake' Location To Get Cheaper Plane Tickets

Economics Explainers

I can’t explain airline pricing but I do know some plane tickets can be cheaper depending on where you buy them or, even better, where you appear to buy them from. This is all about leveraging foreign currencies and points-of-sale to your advantage.

The End Of Economics?

The End Of Economics?

Economics

Economists have fallen in love with the supposed rigor that derives from the assumption that markets function perfectly. But the world has turned out to be more complex and unpredictable than the equations. Human beings are rarely rational—so it’s time we all stopped pretending they are.

The Madness Of Airline Élite Status

The Madness Of Airline Élite Status

Business Economics World

When you fly a lot for work, as I do, you check your frequent-flier mile balance often, to provide data for competitive commiseration. Frequent fliers sometimes go to great lengths to keep their airline élite status, and those efforts are often completely out of proportion to the perks.

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.

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?

The Invention Of Money

The Invention Of Money

Business Economics History Long Reads

When the Venetian merchant Marco Polo got to China, he saw many wonders. One of the things that astonished him most, however, was a new invention, implemented by Kublai Khan, a grandson of the great conqueror Genghis. It was paper money, introduced by Kublai in 1260.

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