Economics of Happiness: Does Money Buy Happiness?
This post originally comes from BrainFeed.co. A well-known quote says that, “Money can’t buy happiness”. And though most people agree, most people also…
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June 29, 2021
How the “Great Leap Forward” Became the Worst Famine in Human History
This post originally comes from BrainFeed.co. When Chinese leaders launched the “Great Leap Forward” in 1958, they hoped the economic campaign would bring their…
June 10, 2021
Andrew Carnegie: The Ultimate Rags to Riches Story
This post originally comes from BrainFeed.co. The US is built on the American Dream: the idea that no matter where you’re from, hard…
June 9, 2021
Enron: The Most Shocking Fraud in US History
In Fall 2000, Enron was booming. Its stock hit a new peak price of $90.56, and the USA’s 7th largest…
May 20, 2021
The 1973/74 Oil Crisis: How the Golden Age of Capitalism Ended
This post originally comes from BrainFeed.co. As oil prices skyrocketed in late 1973, economist E.F. Schumacher commented: “The party’s over”. Since the end…
May 11, 2021
What Does it Mean to “Short” a Stock?
This post originally comes from BrainFeed.co. Why do investors buy a company’s stock? There can be many reasons, but they always boil down…
May 4, 2021
Malthusian Trap: How Humans Escaped The Cycle of Misery (For Now…)
This post originally comes from BrainFeed.co. The Malthusian Trap is a theory which argues that, unchecked, population growth will outpace increases in food…
April 21, 2021
Belle Époque: The Era of Excess and Inequality
This post originally comes from BrainFeed.co. The Belle Époque (“Beautiful Era”) was a period of European history that dates from 1871 to 1914. During…
April 19, 2021
This Chart Explains Wealth Inequality: The Elephant Graph
This post originally comes from BrainFeed.co. The Elephant Graph shows changes in global incomes over the 20-year period from 1988-2008. It demonstrates who…
April 16, 2021
391676 06: Webvan delivery trucks sits near a distribution center July10, 2001 in Carol Stream, IL. The Webvan Group Inc. the sole internet grocer is filing for chapter 11 bankruptcy protection. (Photo by Tim Boyle/Getty Images)
Webvan: The Dotcom Bubble’s Biggest Bust
This post originally comes from BrainFeed.co. Webvan was one of the first online grocery stores and is among the most famous Dotcom Bubble…
April 13, 2021