Tag: explained

How free games are designed to make money

How free games are designed to make money

After Pokemon Go was released in the US, it took less than a day before it was making more money than all the other apps in both Apple’s and Google’s app stores. “It’s already earned $14 million in revenue since launching last Wednesday — not even a full week.” But users didn’t have to pay …

How Much Would it Cost to Live on the Moon?

How Much Would it Cost to Live on the Moon?

Moon colonization is something that humans have dreamt about for centuries, and it’s entirely possible, it’s just a matter of cost. Bringing both humans and supplies the 234,000 miles (377,000 km) to the lunar surface costs an enormous amount of money and it’s difficult to justify the cost to taxpayers. So how much would it …

Elon Musk’s Basic Economics

Elon Musk’s Basic Economics

This video was made possible by Hover. Buy your domain before its gone for 10% off by going to hover.com/Wendover. Imagine a $2,000 car… or a $100 laptop… or a $70 iPhone… or imagine any product ten times cheaper than it was. Imagine the fundamental market change that would bring. Imagine the amount of demand …

Robert Reich: What is Universal Basic Income?

Robert Reich: What is Universal Basic Income?

You see this little gadget? Let’s call it an “iEverything.” You can’t get it yet, but if technology keeps moving as fast as it is now, the iEverything will be with us before you know it; a combination of intelligent computing, 3D manufacturing, big data crunching, and advanced biotechnology. This little machine will be able …

The Rise of 20-Hour Long Flights

The Rise of 20-Hour Long Flights

This video was made possible by Squarespace. Build your website for 10% at squarespace.com/Wendover. 17 years ago, an aviation frontier was broken. Just before noon on March 1, 2001 a Continental Airlines 777 lifted off from frosty Newark Airport across the river from New York City. It tracked north over the US, then Canada, then …

Top 10 Countries With The LARGEST Gold Reserves!

Top 10 Countries With The LARGEST Gold Reserves!

From having the most amount of gold per capita, to conspiracy theories about gold bars missing, here the top 10 countries with the largest amount of gold reserves in the world! 10.) India According to the World Gold Council, the Bank of India currently holds 557.7 tons of gold. It is one of the largest …

2 Laws for Generating Wealth

2 Laws for Generating Wealth

Any successful plan to generate and sustain sufficient wealth must incorporate two very basic rules: 1) Generate Investible Savings. The first step to unlock the path to building tremendous wealth is not about investing at all. It is about generating Investable assets. For most people this begins by terminating any expensive debt such as credit …