stackyFACTSIn 1770, a massive famine hit Bengal and Bihar. Instead of offering relief, the British East India Company—which operated like a heavily armed hedge fund—actually raised land taxes by 10% to ensure their profit margins didn't slip. Ten million people starved to death while oblivious shareholders in London happily collected their dividends.
Keep exploring facts in this topic.
Economy →STACKY FOR IPHONEKeep discovering with Stacky. Interesting facts in an app that is always within reach.
Overthinking is the ultimate killer of mutual prosperity. The Centipede Game involves two players taking turns deciding whether to take a small reward now or…
Discover more
You know that feeling when you overpay for something and have to justify it to your business partner? Corporations call that goodwill. When a company acquires…
Discover more
Japan possesses the highest national public debt in the developed world, routinely hovering around two hundred and sixty percent of their entire gross…
Discover more
Indigenous tribes in the highlands of Vanuatu have historically utilized a complex economic system where the primary currency is literally living pigs with…
Discover more
Why did grocery stores quietly double the size of their shopping carts over the last few decades?
Discover more
In the 14th century, this unbelievably wealthy African king famously destroyed an entire nation’s economy simply by...
Discover more