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 You Spend So Much Money At IKEA

Why You Spend So Much Money At IKEA

Economics, Psychology, Videos

IKEA’s “aesthetic per dollar” ratio is very high, says neuromarketer and author of “The Buying Brain” Dr. A. K. Pradeep. Ikea’s affordable style is its “category-busting-metric,” or what makes it stand out from all the other brands in that space, he says.

The Complexities Of A Universal Basic Income

The Complexities Of A Universal Basic Income

Economics, Politics

“Universal basic income” was for a long time an obscure term bandied about in economics circles. That’s no longer the case. The idea, usually involving a monthly cash grant to every person with no strings attached, has entered mainstream discourse. Small programs hint at how it might work — or not — on a national scale.

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 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.

Is The Second Farm Crisis Upon Us?

Is The Second Farm Crisis Upon Us?

Business, Economics, Food

Farmers across the country are in a state of emergency with dairy and grain producers, new farmers, and farmers of color being hit the hardest. The term farm crisis is synonymous with the 1980s, when the bottom dropped out of the agricultural economy, sending thousands of farms into foreclosure and shuttering businesses.

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.

Bashir Sultani

Inspiration
Bashir Sultani
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 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.

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.

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.

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.

Nikolay Schegolev

Inspiration
Nikolay Schegolev
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.

How Africa Can Get Rich

How Africa Can Get Rich

Economics, Videos, World

Africa is changing so fast, it is becoming hard to ignore. In the short term, the continent faces many problems, but in the long term, it could rival China’s economic might. By the end of this century, Africa is set to play a much bigger role in world affairs. The Asian growth miracle is likely to slow Africa’s rapid rise could be next.

How The 0.001% Invest

How The 0.001% Invest

Business, Economics

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.

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.

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.

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 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 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?

Michael Crichton

Inspiration
Michael Crichton
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 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”.

Mapping America's Stark Wage Inequality

Mapping America's Stark Wage Inequality

Cities, Economics, Politics

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.

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?

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?

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