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Harry Potter and the Deathly Economic Misconceptions

Twenty-five years ago this fall, Harry Potter and the Sorcerer’s Stone premiered on 8,500 screens in the United States. The first movie adaptation of the Harry Potter book series, it earned more than $31 million on its opening day, enough to break the record previously held by Star Wars Episode I: The Phantom Menace.   “Harry Potter is bewitching American audiences,” said a story in the New York Post.  To be more precise, this bewitching may hav…
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thedailyeconomy.org broke the news on Thursday, June 11, 2026.
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