Economy
Discover facts about economy. Small discoveries that change the way you see familiar things.
Economy
Why does the US restaurant industry violently lobby against abolishing the mandatory tipping system?
Why does the US restaurant industry violently lobby against abolishing the mandatory tipping system?
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When a mega-corporation hits record-breaking profits, why do they usually buy back stock instead of raising wages?
When a mega-corporation hits record-breaking profits, why do they usually buy back stock instead of raising wages?
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What brilliant economic extortion makes tech companies charge $200 to upgrade a phone's storage by a tiny margin?
What brilliant economic extortion makes tech companies charge $200 to upgrade a phone's storage by a tiny margin?
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Why do major fast-food chains intentionally vent their kitchen exhaust directly into the street or parking lot?
Why do major fast-food chains intentionally vent their kitchen exhaust directly into the street or parking lot?
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Which marketing trick is statistically proven to make online shoppers add items they don't even want to their cart?
Which marketing trick is statistically proven to make online shoppers add items they don't even want to their cart?
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What bizarre legal loophole is secretly responsible for modern pickup trucks and SUVs becoming ridiculously massive?
What bizarre legal loophole is secretly responsible for modern pickup trucks and SUVs becoming ridiculously massive?
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Which common household purchase is notorious among economists for having a shocking 900% retail markup?
Which common household purchase is notorious among economists for having a shocking 900% retail markup?
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What actually happens to the vast majority of perfectly good clothes you return to massive fast fashion retailers?
What actually happens to the vast majority of perfectly good clothes you return to massive fast fashion retailers?
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What happens to the billions of dollars loaded onto gift cards that consumers forget to ever spend?
What happens to the billions of dollars loaded onto gift cards that consumers forget to ever spend?
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What psychological trap causes someone to suddenly upgrade their entire living room after buying just one new rug?
What psychological trap causes someone to suddenly upgrade their entire living room after buying just one new rug?
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What shady tactic do giant online retailers secretly deploy weeks before massive holiday sales events like Black Friday?
What shady tactic do giant online retailers secretly deploy weeks before massive holiday sales events like Black Friday?
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Which massive corporate empire is widely considered one of the largest real estate companies in the world?
Which massive corporate empire is widely considered one of the largest real estate companies in the world?
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You buy a beautiful new coffee table, but suddenly your old rug and sofa look terrible. What is this expensive spiral called?
You buy a beautiful new coffee table, but suddenly your old rug and sofa look terrible. What is this expensive spiral called?
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What was the real financial driver behind the massive wave of tech layoffs in 2023, despite record corporate profits?
What was the real financial driver behind the massive wave of tech layoffs in 2023, despite record corporate profits?
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What is the actual economic purpose behind massive retail pharmacies giving you comically long paper receipts?
What is the actual economic purpose behind massive retail pharmacies giving you comically long paper receipts?
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Why do budget airlines' booking systems frequently split up families and couples who buy tickets together?
Why do budget airlines' booking systems frequently split up families and couples who buy tickets together?
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How did a completely accidental lab discovery lead directly to the creation of the modern household microwave?
How did a completely accidental lab discovery lead directly to the creation of the modern household microwave?
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What term describes the tiny fraction of mobile gamers who generate up to 70% of a free-to-play game's revenue?
What term describes the tiny fraction of mobile gamers who generate up to 70% of a free-to-play game's revenue?
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What dark economic reality occurs when you tip your food delivery driver generously through the app before delivery?
What dark economic reality occurs when you tip your food delivery driver generously through the app before delivery?
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How does the payout structure of major music streaming platforms financially devastate indie artists?
How does the payout structure of major music streaming platforms financially devastate indie artists?
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What clever linguistic trick do gig economy platforms use to avoid paying for healthcare and basic benefits?
What clever linguistic trick do gig economy platforms use to avoid paying for healthcare and basic benefits?
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What ironic economic cycle have digital streaming platforms fully recreated after destroying traditional TV?
What ironic economic cycle have digital streaming platforms fully recreated after destroying traditional TV?
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In the modern data economy, what are free social media platforms actually selling to make billions?
In the modern data economy, what are free social media platforms actually selling to make billions?
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What sneaky financial strategy relies heavily on your simple human tendency to avoid awkward phone calls?
What sneaky financial strategy relies heavily on your simple human tendency to avoid awkward phone calls?
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