Awesome Economics

(PG-13: Language) Game consoles and video games have always been expensive – especially when you adjust for inflation. VideoGameDunkey looks back at the history of game pricing, how we got to the $60 price tag for AAA titles, how “free to play” games are anything but, and the wonders of Xbox Game Pass.

In a purely logical world, casinos and other gambling establishments would not exist, since we can easily prove that they’re losing propositions. But Wendover Productions cites studies showing how probabilities mess with our brain, and how this can be used for good.