Economy
Discover facts about economy. Small discoveries that change the way you see familiar things.
Economy
Private corporations save billions of dollars annually by utilizing prison labor to manufacture everything from military helmets to office furniture, paying incarcerated workers…
Private corporations save billions of dollars annually by utilizing prison labor to manufacture everything from military helmets to office furniture, paying…
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Entrepreneur Dennis Hope has made millions of dollars by selling plots of land on the Moon and Mars, exploiting a loophole in the 1967 Outer Space Treaty that forbids nations…
Entrepreneur Dennis Hope has made millions of dollars by selling plots of land on the Moon and Mars, exploiting a loophole in the 1967 Outer Space Treaty that…
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Wholesale prices of chicken wings historically skyrocket in the weeks leading up to the Super Bowl, creating a hyper-specific, entirely predictable seasonal micro-economy driven…
Wholesale prices of chicken wings historically skyrocket in the weeks leading up to the Super Bowl, creating a hyper-specific, entirely predictable seasonal…
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During the absolute worst depths of the Great Depression, the United States government actually paid desperate farmers to slaughter millions of baby pigs and completely destroy…
During the absolute worst depths of the Great Depression, the United States government actually paid desperate farmers to slaughter millions of baby pigs and…
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Billionaire investor George Soros literally broke the Bank of England in 1992 by massively shorting the British pound, making over a billion dollars in profit in a single day…
Billionaire investor George Soros literally broke the Bank of England in 1992 by massively shorting the British pound, making over a billion dollars in profit…
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Pharmaceutical executives routinely engage in a parasitic economic behavior called rent-seeking, where they manipulate laws and patents to massively increase their own wealth…
Pharmaceutical executives routinely engage in a parasitic economic behavior called rent-seeking, where they manipulate laws and patents to massively increase…
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Bottles of liquid Tide laundry detergent became a highly popular alternative street currency for drug dealers and thieves across the United States during the early 2010s because…
Bottles of liquid Tide laundry detergent became a highly popular alternative street currency for drug dealers and thieves across the United States during the…
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Scottish banknotes are technically not classified as legal tender anywhere in the entire world, including within the actual borders of Scotland itself, due to incredibly…
Scottish banknotes are technically not classified as legal tender anywhere in the entire world, including within the actual borders of Scotland itself, due to…
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Entrepreneur Marc Ostrofsky bought the internet domain name business.com in 1997 for exactly one hundred and fifty thousand dollars, which people thought was absolutely insane at the time.
Entrepreneur Marc Ostrofsky bought the internet domain name business.com in 1997 for exactly one hundred and fifty thousand dollars, which people thought was…
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Forensic studies have consistently shown that approximately ninety percent of all paper currency circulating in the United States contains easily traceable amounts of cocaine.
Forensic studies have consistently shown that approximately ninety percent of all paper currency circulating in the United States contains easily traceable…
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Commodities traders at the Chicago Mercantile Exchange spent decades literally screaming at each other in trading pits to buy and sell pork belly futures, essentially betting…
Commodities traders at the Chicago Mercantile Exchange spent decades literally screaming at each other in trading pits to buy and sell pork belly futures,…
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Amazon effectively functions as a massive, world-dominating tech infrastructure company that just happens to run a notoriously unprofitable retail delivery service on the side…
Amazon effectively functions as a massive, world-dominating tech infrastructure company that just happens to run a notoriously unprofitable retail delivery…
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Drug cartels in Mexico have violently taken over the avocado farming industry, using the lucrative international trade of this trendy green fruit as an incredibly efficient…
Drug cartels in Mexico have violently taken over the avocado farming industry, using the lucrative international trade of this trendy green fruit as an…
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Tally sticks were used in medieval England as a brilliant way to record debts by carving notches into a piece of wood and splitting it in half, ensuring both the debtor and the…
Tally sticks were used in medieval England as a brilliant way to record debts by carving notches into a piece of wood and splitting it in half, ensuring both…
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Millions of paranoid citizens completely distrust traditional banking institutions and actively choose to hoard massive amounts of physical cash stuffed into mattresses, buried…
Millions of paranoid citizens completely distrust traditional banking institutions and actively choose to hoard massive amounts of physical cash stuffed into…
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Wall Street experienced a totally terrifying trillion-dollar market wipeout in may two thousand and ten, universally known as the flash crash, when the Dow Jones industrial…
Wall Street experienced a totally terrifying trillion-dollar market wipeout in may two thousand and ten, universally known as the flash crash, when the Dow…
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Unknown private investors successfully sold the internet domain name Voice dot com for a truly mind-boggling thirty million dollars in cash, making it one of the most expensive…
Unknown private investors successfully sold the internet domain name Voice dot com for a truly mind-boggling thirty million dollars in cash, making it one of…
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Financial markets famously use the animal terms bull and bear to describe upward and downward price trends purely because of the specific, brutal ways those creatures physically…
Financial markets famously use the animal terms bull and bear to describe upward and downward price trends purely because of the specific, brutal ways those…
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Stockholm has a rent control system so incredibly broken that the average waiting time for a rent-regulated apartment in the city center is currently over twenty years.
Stockholm has a rent control system so incredibly broken that the average waiting time for a rent-regulated apartment in the city center is currently over…
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Nomadic tribes and regional merchants across ancient Siberia, Mongolia, and rural China heavily utilized tightly compressed bricks of fermented tea leaves as their primary form…
Nomadic tribes and regional merchants across ancient Siberia, Mongolia, and rural China heavily utilized tightly compressed bricks of fermented tea leaves as…
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Notorious counterfeiter Artur Alves dos Reis nearly destroyed the entire Portuguese economy in 1925 by brilliantly forging official central bank contracts rather than actually…
Notorious counterfeiter Artur Alves dos Reis nearly destroyed the entire Portuguese economy in 1925 by brilliantly forging official central bank contracts…
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South Korean financial markets closely monitor the incredibly vital Kimchi Index, a highly specialized national economic indicator that strictly tracks the rapidly fluctuating…
South Korean financial markets closely monitor the incredibly vital Kimchi Index, a highly specialized national economic indicator that strictly tracks the…
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Regional governments in Japan generate billions of dollars in local economic stimulus by creating chubby, cute, and utterly bizarre official mascots to promote tourism and local agricultural products.
Regional governments in Japan generate billions of dollars in local economic stimulus by creating chubby, cute, and utterly bizarre official mascots to…
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Purchasing a novelty certificate from the International Star Registry gives you absolutely no official scientific authority and is essentially just funding a highly profitable…
Purchasing a novelty certificate from the International Star Registry gives you absolutely no official scientific authority and is essentially just funding a…
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