Economy
Discover facts about economy. Small discoveries that change the way you see familiar things.
Economy

Economists use a brutally depressing term for the mathematical reality that having less money actually costs you more money.
Economists use a brutally depressing term for the mathematical reality that having less money actually costs you more money.
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If you strictly pay for your daily groceries with cash or a debit card, you are secretly subsidizing whose luxury lifestyle?
If you strictly pay for your daily groceries with cash or a debit card, you are secretly subsidizing whose luxury lifestyle?
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When your phone battery drops critically low, major ride-sharing apps like Uber have heavily researched their ability to do what?
When your phone battery drops critically low, major ride-sharing apps like Uber have heavily researched their ability to do what?
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Despite completely dominating the rideshare market for a decade, what shocking financial truth plagued Uber until 2023?
Despite completely dominating the rideshare market for a decade, what shocking financial truth plagued Uber until 2023?
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When people say the government "prints money," how is the vast majority of new money actually injected into the economy?
When people say the government "prints money," how is the vast majority of new money actually injected into the economy?
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If you saved $10,000 every single day since the Egyptian pyramids were built, how would you compare to Elon Musk?
If you saved $10,000 every single day since the Egyptian pyramids were built, how would you compare to Elon Musk?
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If you've noticed veterinary bills suddenly skyrocketing out of control, what highly aggressive economic shift is secretly responsible?
If you've noticed veterinary bills suddenly skyrocketing out of control, what highly aggressive economic shift is secretly responsible?
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The credit card industry was accidentally born in 1950 after a businessman experienced this relatable embarrassment.
The credit card industry was accidentally born in 1950 after a businessman experienced this relatable embarrassment.
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Americans spend more money on this controversial habit than they do on movies, video games, and sports combined.
Americans spend more money on this controversial habit than they do on movies, video games, and sports combined.
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Adjusted for inflation, Apple and Amazon are extremely poor compared to the wealthiest corporation in human history.
Adjusted for inflation, Apple and Amazon are extremely poor compared to the wealthiest corporation in human history.
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Marvel and Star Wars are rich, but they pale in comparison to the highest-grossing media franchise in human history.
Marvel and Star Wars are rich, but they pale in comparison to the highest-grossing media franchise in human history.
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Walmart employs over two million people, but they are easily beaten by the single largest employer on the planet.
Walmart employs over two million people, but they are easily beaten by the single largest employer on the planet.
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Politicians constantly panic about the US national debt. But who actually owns the vast majority of it?
Politicians constantly panic about the US national debt. But who actually owns the vast majority of it?
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To keep their lucrative airport slots, European airlines are frequently forced to do something incredibly wasteful.
To keep their lucrative airport slots, European airlines are frequently forced to do something incredibly wasteful.
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The very first real-world commercial transaction using Bitcoin took place in 2010. What did the user buy for 10,000 BTC?
The very first real-world commercial transaction using Bitcoin took place in 2010. What did the user buy for 10,000 BTC?
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Since 1986, what highly bizarre but accurate metric do economists use to measure global currency valuations?
Since 1986, what highly bizarre but accurate metric do economists use to measure global currency valuations?
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We romanticize the 'gig economy' as a modern side-hustle, but how did economists view this labor model decades ago?
We romanticize the 'gig economy' as a modern side-hustle, but how did economists view this labor model decades ago?
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You used to buy software once. Now, everything is a monthly subscription. What purely financial motive drove this shift?
You used to buy software once. Now, everything is a monthly subscription. What purely financial motive drove this shift?
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What actually happens to a person’s massive, unpaid credit card debt immediately after they pass away?
What actually happens to a person’s massive, unpaid credit card debt immediately after they pass away?
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Amazon dominates online delivery, but what hidden corporate sector actually generates the vast majority of their operating profit?
Amazon dominates online delivery, but what hidden corporate sector actually generates the vast majority of their operating profit?
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When a government slaps a massive tax on cigarettes to stop people from smoking, what economic tool is being used?
When a government slaps a massive tax on cigarettes to stop people from smoking, what economic tool is being used?
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What shocking type of loan directly caused the devastating 2008 global financial crisis?
What shocking type of loan directly caused the devastating 2008 global financial crisis?
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If a country has two currencies, one made of pure gold and one made of cheap paper, what will citizens do?
If a country has two currencies, one made of pure gold and one made of cheap paper, what will citizens do?
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During peak economic moments, what mind-blowing financial flex has Apple routinely achieved?
During peak economic moments, what mind-blowing financial flex has Apple routinely achieved?
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