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Balance in MMO Economies?

Game Design: In an MMO, how do you build an economy that will 'balance' itself? Obviously, having solid inputs and outputs are one thing, and balancing those inputs with the demand for the item, but what other things need to be taken into account? [more inside]
posted by SpecialK on Feb 9, 2008 - 23 answers

Is the economy fake?

Bill Hicks said, in one of his acts, and I quote "It's gonna fuck up the economy... the economy thats fake anyway!" Is the economy fake? [more inside]
posted by Effigy2000 on Feb 2, 2008 - 27 answers

Help me understand the marginal revolution.

Nascent interest in economics and economic thinking. Having a bit of problem with the theory of the margin. Wikipedia is not that helpful. [more inside]
posted by proj on Jan 30, 2008 - 4 answers

Shock and awe and so many footnotes

EconomicPolicyFilter: I'm reading The Shock Doctrine by Naomi Klein. It's making me angry, but I don't know whether it's making me justifiably angry. Is she right? Or is she terribly biased and distorting the facts? [more inside]
posted by heatherann on Jan 25, 2008 - 17 answers

Wanted: a stats Gini-us

It ought to be possible (though I know it's going to be inaccurate) to estimate the number of people earning above a certain level using a given country's GDP and Gini Coefficient. Can you help me work through the details? [more inside]
posted by godawful on Jan 25, 2008 - 5 answers

40 hours a week is a lot of your life.

Statistics-n-facts Filter: I have a whole bunch of queries regarding a variety topics. So far my search for answers has been fruitless, and so I was wondering if A) you happen to know the answers to the included questions and/or B) can refer me to a website that might be able to help? [more inside]
posted by mwachs on Jan 24, 2008 - 5 answers

How can I improve my odds of getting into graduate school for economics?

I want to get a Master's in Economics in a few years, probably focusing on real estate finance and affordable housing finance. How good are my chances of getting into a good program, and what can I do to improve them? [more inside]
posted by boots on Jan 9, 2008 - 10 answers

Gifts for a loved one with an interest in Economics and Russian

Gift Ideas for a person interested in Economics and Russian [more inside]
posted by codybaldwin on Jan 3, 2008 - 9 answers

How does new value created by industry and economy become cash?

(Possibly Advanced) Economics Filter: How does new value created by industry and economy become money? [more inside]
posted by SlyBevel on Dec 28, 2007 - 32 answers

Which economic forecaster or economist can you really trust most of the time, if not all of the time?

Which economic forecaster or economist can you really trust most of the time, if not all of the time? [more inside]
posted by cluelessguru on Dec 20, 2007 - 16 answers

Help me find an old article

Looking for an old newsmagazine story about Britain. [more inside]
posted by bigcheesegump on Dec 10, 2007 - 1 answer

Is there such a thing as a currency-neutral measure of prices?

Is there such a thing as a currency-neutral measure of the price of a commodity? [more inside]
posted by Nelson on Nov 7, 2007 - 15 answers

How to maximize my chances of getting admission to a particular graduate program despite a low GPA?

I am applying to the London School of Economics (Econ-Msc:2 years) program this year. Unfortunately, I only have a 3.2/4 GPA. Hence, I was hoping if I could receive suggestions as to how I can maximize my chances of getting into the program ... [more inside]
posted by Batman2743 on Oct 27, 2007 - 16 answers

Limits to growth?

If cities (or the pressure on city services) grow faster than the wealth held by individuals grows, how does the bottom not fall out given that municipal growth is largely funded by taxes? [more inside]
posted by regicide is good for you on Oct 22, 2007 - 34 answers

Brushing up on Econ

I need to pass a macro/micro economics placement test. Though I took both of these courses during my undergrad, the information has left me. Which book (or books?) would be best help me demonstrate minimal proficiency in only a month or two of self-study?
posted by dead_ on Oct 12, 2007 - 4 answers

Does stock trading / futures speculation create economic value?

[EconFilter] Does stock trading / futures speculation create economic value? [more inside]
posted by molybdenum on Oct 7, 2007 - 18 answers

Dollars to donuts

Should I be worried about an impending collapse of the US dollar? [more inside]
posted by doctorcurly on Sep 20, 2007 - 20 answers

Looking for info on cause-effect relationships in investing

I am looking for books, Web sites and other resources that provide a list of cause-effect relationships for investors. [more inside]
posted by tomwheeler on Sep 17, 2007 - 4 answers

Took courses, got A's, still not sure what it is.

When I was younger, I read a sociology textbook trying to find out why sociology was treated as a separate discipline and how it differs fundamentally from the other social sciences. I learned a lot about Weber and Durkheim, but I still don't get it. Can you help? [more inside]
posted by StrikeTheViol on Sep 11, 2007 - 12 answers

Compared to the U.S., why is Canada's economic playing field more level? Or is it?

Compared to the U.S., why is Canada's economic playing field more level? Or is it? [more inside]
posted by deern the headlice on Sep 4, 2007 - 21 answers

What can I do with a BA in Econ?

What can I do with a BA in Economics? [more inside]
posted by etoyasu on Sep 4, 2007 - 9 answers

Economics as all fun and games?

What are some other economic board games (besides Monopoly)? [more inside]
posted by champthom on Aug 14, 2007 - 33 answers

Ripping up money to make money worth more?

Why would ripping up money make money more valuable? Would it? [more inside]
posted by takeyourmedicine on Aug 14, 2007 - 20 answers

To buy or not to buy (a house)

Economics filter: to buy a house or not? (UK) [more inside]
posted by bonaldi on Aug 10, 2007 - 17 answers

What does one do with an advanced degree in economics?

What does one do with an advanced degree in economics? [more inside]
posted by mandlebrotz on Jul 29, 2007 - 20 answers

Can you explain the dispute over Chinese currency valuation?

Can you explain the dispute over Chinese currency valuation? [more inside]
posted by underdetermined on Jul 12, 2007 - 9 answers

Percentage of GDP currently and historically spent on luxuries?

Are there any statistics on what portion of the US GDP is now and historically (over the past 100 or 200 years) has been spent on luxury goods? I'll refrain from defining that term and hope that any studies referenced will do the work for me. Any international comparisons would be greatly appreciated as well.
posted by shivohum on Jul 5, 2007 - 2 answers

Islamic charity and global poverty

Looking for statistics: How would I go about calculating how much impact Islamic charity or zakat can make on global poverty - if collected and distributed on a global scale? [more inside]
posted by raheel on Jul 3, 2007 - 2 answers

Economist filter: How exactly does the fed set interest rates?

Economist filter: How exactly does the fed set interest rates? [more inside]
posted by BigBrownBear on Jun 29, 2007 - 9 answers

Any Other Countries Moving Up In The World?

Has any historically "Third World" country other than the Asian Tigers managed to approach "First World" standards of Quality of Life? Any nations poised for improvement in living standards that might put them there? [more inside]
posted by StrikeTheViol on Jun 27, 2007 - 23 answers

Go green or save green?

Should I switch to green power, wind power, or whatever is cheapest? [more inside]
posted by electroboy on Jun 25, 2007 - 24 answers

To doublemajor or not to doublemajor?

I'm a math major, but dont know exactly what I want to do. Should I also major in Physics? Economics? [more inside]
posted by milestogo on Jun 4, 2007 - 13 answers

How much (was) that doggy in the window?

How do I find out the value of a dollar in a given year? [more inside]
posted by serazin on May 4, 2007 - 11 answers

Cash, cash, everywhere! And not a drop to drink.

So, governments control inflation (and their economy in general) by limiting how much money they print and put into circulation. But now that most transacations (and virtually all 'major' transactions) are done electronically, and that most countries aren't tied to gold anymore, how can the amount of physical cash have any effect?
posted by Kololo on Apr 29, 2007 - 13 answers

How to make pretty economics-style graphs

What software can I use to make pretty microeconomics-style graphs? [more inside]
posted by grimmelm on Apr 12, 2007 - 10 answers

WHy does the government measure savings as it does?

The US government does not consider IRA money or 401K money (or stock market investment of any kind) to count as "savings" when they calculate US savings rates. Thus our perennially lousy savings rates vs. other countries. Or so I read. If true, what is our government's reasoning? [more inside]
posted by IndigoJones on Apr 10, 2007 - 24 answers

MR=MC - Why?

EconomicsFilter: why does profit maximize when marginal revenue = marginal cost? [more inside]
posted by champthom on Mar 21, 2007 - 10 answers

Physics to Economics?

How best to get into Economics from Physics? [more inside]
posted by dr. moot on Feb 11, 2007 - 13 answers

Technology-law related jobs in DC other than patent law?

Technology-related legal positions in DC for new attorney that are not patent prosecution? [more inside]
posted by dcjd on Feb 9, 2007 - 5 answers

Rent Control in NYC

Know anything about the economics of rent control/stabilization especially in NYC? Look inside. [more inside]
posted by josher71 on Feb 6, 2007 - 16 answers

Where can I find historical fed statements?

Every time the US federal reserve meets to decide on changing interest rates, the news articles say something like "in their statement the fed says ...". So my question is where can I find a listing of the statements for the past 10 or 20 years? I'd like to see how the words change over time. [more inside]
posted by GregX3 on Jan 31, 2007 - 4 answers

Links for "developing countries in the multilateral trading system"? Anyone?

The most useful, economics & developing countries in the multilateral trading system links for a web-based "interview"? [more inside]
posted by ruelle on Jan 24, 2007 - 10 answers

Was is always this bad?

Looking for old economic articles... [more inside]
posted by eas98 on Jan 9, 2007 - 7 answers

Has the definition of a "durable good" changed?

What is the definition of a durable good? I'm looking, in particular, for a defintion tied to the amount of time the good should, um, endure. As I seem to be congenitally unable to ask a pithy here on the green, and if wonky discussions are not your thing, then be warned that there's . . . [more inside]
posted by deejay jaydee on Jan 5, 2007 - 14 answers

Why gold?

Gold. I'm looking for an interesting read, preferably something short, that explains why gold has the role it has in the global economy and how that role came about. [more inside]
posted by aaronwsj on Dec 27, 2006 - 12 answers

Dance Studio Birthday Party - How Much to Charge

I'm trying to figure out how much a local dance studio should charge for hosting a 1-2 hour birthday party with dance instruction by one of our teachers. [more inside]
posted by GregX3 on Dec 10, 2006 - 8 answers

How do you figure the value of a blog?

How do you value the content of a blog, or any media company, whose content isn't made up of physical assets? [more inside]
posted by mrgreyisyelling on Dec 3, 2006 - 9 answers

Is homeopathy good for society?

Is homeopathy good for society? How should it be regulated? Are there any good studies to this effect? [more inside]
posted by Arcaz Ino on Nov 21, 2006 - 24 answers

Any economists in the house? Arm me with counter-arguments to neoclassical orthodoxy!

Is there a counter-argument to the idea that indexing wages to inflation encourages inflation? [more inside]
posted by lunasol on Nov 10, 2006 - 17 answers

How can income stratification in the US be changed?

How can income stratification in the US be changed? [more inside]
posted by mintchip on Oct 17, 2006 - 33 answers

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