Tag «Economics»

Why Israel is a Tech Capital of the World

Why Israel is a Tech Capital of the World

This video is sponsored by Skillshare. The first 500 to use the link in the description get two months free. You, the brave, daredevil you are, open Google Maps, throw your mouse into the air, and land here. There are palm trees, lots of 20-somethings talking into their AirPods, and everywhere you look, a familiar …

Bitcoin: How Cryptocurrencies Work

Bitcoin: How Cryptocurrencies Work

Say there’s a coin that’s currently worth hundreds of U.S. dollars, but it’s not made of gold, or platinum, or any precious metal. In fact, it’s not the kind of coin you can hold in your hand or stick in a piggy bank. It’s a digital currency, which means it only exists electronically. I’m talking …

Copyright: Forever Less One Day

Copyright: Forever Less One Day

The origin of copyright law takes us back to the 1710 and Queen Anne, the Monarch who had just overseen the Unification of England and Scotland into then, brand-new Great Britain. Also on her busy schedule was the Statute of Anne: the very first copyright law. It gave authors control over who could make copies …

Why Trains Suck in America

Why Trains Suck in America

Let’s face it: trains kinda suck in America. They’re slow, expensive, and just don’t exist in many parts of the country. The simple reason for this is because the US is so sparsely populated. Aside from here, here, and here, cities just aren’t close enough together to make train travel faster or cheaper than plane …

Daylight Saving Time Explained

Daylight Saving Time Explained

Every year some countries move their clocks forward in the spring only to move them back in the autumn. To the vast majority of the world who doesn’t participate in this odd clock fiddling – it seems a baffling thing to do. So what’s the reason behind it? The original idea, proposed by George Hudson, …

The chart that predicts recessions

The chart that predicts recessions

A crisis of confidence. Automobile production dropped 37 and a half percent. Wall Street reacted very badly. If you were looking at a very specific type of line. You see, normally, this line points slightly upward — like here, in September 1977. But about a year later, it started pointing the other way, just slightly! …