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Thank A Simple Excel Glitch For Austerity Economics
You know the much-ballyhooed theory that high national debt correlates to crappy economic growth? The one that’s trotted out on a regular basis by politicians arguing for austerity budgets and sequestration? Well, according to new findings, the study that austerity proponents cite more than any other is based on an Excel error. A big one.
Mathematical Proof That Robbing Banks Doesn’t Make Economic Sense
If you’re struggling for cash, maybe the idea of robbing a bank has idly entered your mind. Don’t do it! Because a new study by a team of economists shows that it doesn’t make any financial sense whatsoever.
The Cheapest Ways To Save The World
Ask a bunch of the world’s best economists — including four Nobel laureates — how to make the world a better place, and they don’t just blurt out an answer. They take their time, weigh up impact-per-dollar and make careful decisions. And this is what they came up with.
Sony Reports Record Annual Loss
Sony just reported a record annual loss, of $US5.7 billion. Ouch.
A Wonderfully Simple Explanation Of Oil Price And The Economy
The price of petrol seems to keep changing, but the truth is that the problem isn’t just to do with decreasing oil resources. In fact, the price of the black stuff is linked into our economy in a complex way — and this video beautifully describes what’s going on for those of us lacking an economics background.
Salary Envy Can Actually Make You Happier
It’s extremely common to look around at your peers who earn more than you do and bemoan your lack of personal income. But, according to a new study, that could be a good thing; a little salary envy could in fact make you a happier person.
How Your iPod Contains $8 Billion
Copyright maths might not be something you’ve lent much thought to before, but in this talk Rob Reid — founder of Rhapsody — tries to explain the silly numbers that are used to justify SOPA and PIPA. He’s very funny, and his talk is very interesting. Turns out your iPod might be worth more than you thought.























