Uploaded August 2019 | Updated September 2026, 13 minutes ago

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Everyone seems to either have a hobby or show some interest in hobbies these days. On the one hand, some people swear by hobbies and make it clear that a lot of pros are associated with them, anything from health benefits to... well, the fact that a hobby is fun. On the other hand, though, many claim hobbies are a waste of time and nothing more.

Come to think of it, what are the economics behind hobbies?

Or, more specifically, are hobbies nothing more than a waste of time or good for you from an economic perspective?

As tempted as you might have been to assume an economist will simply shrug off hobbies as a time-waster, this video will make it clear (with examples and hobby ideas included in the mix for good measure) that things are a lot more complicated than meets the eye.

In other words, that there can be a lot more to a hobby than meets the eye, especially in today's world, where technology can genuinely make dreams come true and... among other things, turn hobbies into careers :)