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.

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.

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 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.

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.

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.

Give Me Capitalism Or Give Me Death

Give Me Capitalism Or Give Me Death

Economics Politics

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.

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.

Bashir Sultani

Inspiration
Bashir Sultani
How Migration Could Make The World Richer

How Migration Could Make The World Richer

Economics Videos

Many of the recent political shifts in the West—the election of Donald Trump, the rise of populism in Europe and Brexit—can be partially attributed to the fear of mass migration. Yet increasing migration is one of the quickest ways to make the world richer.

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?

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.

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.

Nikolay Schegolev

Inspiration
Nikolay Schegolev
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.

The Ticking Time Bomb In America’s Downtowns

The Ticking Time Bomb In America’s Downtowns

Business Cities Economics

The sad state of office buildings could cause something called the “doom loop.” $1.5 trillion in commercial real estate debt, is owed to banks, pension funds, and insurance companies before the end of 2025, and secured by properties that may not be worth what they were five or 10 years ago when those loans got made.

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?

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.

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.

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 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.

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?

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.

Michael Crichton

Inspiration
Michael Crichton
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.

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.

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.

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?

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.

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.

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