Content tagged with “economics” under “The Interesting List”

“ An explanation of why a quirk of legislation has caused ambulances to cost so much ”

“ A look at bad college degrees and an examination of what makes them that way. ”

“ Many charts seem to show that something dramatic happened to the U.S. economy in 1971. No answers are provided. ”

“ An examination of the motives and economics behind the wealthy and their super-yachts. ”

“ Climate change has opened year-round shipping lanes along Russia’s northern coast. This will dramatically affect both Russia’s and the world’s economy and geopolitical balance. ”

“ The U.S. president is allowed to issue commemorative coins into circulation, effectively creating small amounts of money. So, why not large amounts of money? ”

“ Although anyone can work to become a professional tennis player, the road is long and even a Top 200 player can expect to make about the same as an accountant. ”

“ In 2015, shipping rates were so low that it was cheaper to move your belongings around the world on a container ship than store them in a local facility. ”

“ Streaming pays the artist by the song, not by the minute. So two shorter songs pay more than one longer song. ”

“ A monologue from ‘The Devil Wears Prada’ where a high-powered fashion critic caustically explains to an intern how the economics and trickle-down trendsetting of the fashion world works. ”

“ The pandemic closed gyms but gave birth to ‘fitness speakeasies.’ Prohibition of anything has a long history of doing this. ”

“ In shattered Venezuela, a shadow economy exists of people who play Runescape characters to higher levels of experience and wealth, then sell them. ”

“ A surprisingly informative comedy segment that mocks and meta-narrates a typical news report on the economy and explains why they are the way they are. ”

“ Often, people aren’t poor because they make bad decisions. Rather, they make bad decisions because they’re poor. ”

“ An interesting model for defining what ‘wealthy’ means, and how wealthy you might feel at any particular stage of your life. ”

“ Most of the value created by the Internet doesn’t involve people spending money, so it’s hidden from GDP measures. ”

“ This essay describes the ‘coordination problem,’ where spending money to solve a problem often requires coordination with other people to do the same, or the money is wasted. Conversely, spending money on yourself always leads to a benefit. ”

“ A YouTuber explains, in detail, how much YouTube videos make. It’s not just views – the geographic location of the audiences matters, as does how long they watch your video. And then, in the second half of the video, she explains how she tripled her income. ”

“ A sobering look at how the publishing industry works, from the perspective of a promising author for whom things didn’t work out so well. ”

“ A good explainer on the business aspects of the Panama Canal, in particular its competition of the Suez and using trains to bring Asian goods across the country from west coast ports. ”

“ A good explainer on the phenomenon of induced demand, when creating more of a resource to alleviate a shortage doesn’t work because demand simply increases to match the supply. ”

“ Over-tourism is a new word to describe throngs of people clogging destination sites around the world. The larger trend at work is that more people are economically able to travel, especially the Chinese, which is a significant part of the world population. ”

“ Contrary to popular belief, small business is not a driver of job growth. Small businesses just grow faster than big business, so they just appear to increase job growth. ”

“ An article about technology progress, but I found it more interesting for the discussion of the technology hype/adoption cycle. ”