Featured category: Economics & business

The international light bulb conspiracy, the creative taxes (and tax evaders) of early modern England, how German employees help control their company, and the bond that has been paying 5% interest every year since 1648.

If a German company has more than two thousand employees, by law those employees get to elect half of the board of directors.

From 1925 until 1939 the Phoebus cartel controlled the world supply of light.

Between 1662 and 1784, the United Kingdom instituted taxes on hearths, windows, wallpaper, and bricks – and tax evaders found creative ways to avoid paying them.

A Dutch water board bond from 1648 pays 5% interest with no maturity date. It’s still paying out today.

For more strange and surprising facts from the world of commerce, begin here:

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