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 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.

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 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.

Why Cruise Lines Keep Cutting Their Ships In Half

Why Cruise Lines Keep Cutting Their Ships In Half

Business, Economics

In a process called “stretching,” the Star Breeze is getting pulled apart to make room for a new, 84-foot, 1,250-ton prefab midsection addition. Think of it like unsnapping (or unwelding) two Legos and putting another block in between. But with a boat.

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 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.

Franck Bohbot

Inspiration
Franck Bohbot
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.

Americans Are Going Bankrupt From Getting Sick

Americans Are Going Bankrupt From Getting Sick

Economics, Health

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.

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.

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.

Austin Rossborough

Inspiration
Austin Rossborough
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.

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.

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 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.

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.

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.

Nina Dodd

Inspiration
Nina Dodd
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 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 Dictatorship Of Data

The Dictatorship Of Data

Economics, History

Big data is poised to transform society. Yet big data also exacerbates a very old problem: relying on the numbers when they are far more fallible than we think. Nothing underscores the consequences of data analysis gone awry more than the story of Robert McNamara.

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?

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 Radical Plan To Save The Planet By Working Less

The Radical Plan To Save The Planet By Working Less

Economics, Life

The degrowth movement wants to intentionally shrink the economy to address climate change, and create lives with less stuff, less work, and better well-being. This new accounting of economic success would focus on access to public services, a shorter work week, and an increase in leisure time. But is it a utopian fantasy?

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.

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