I want to become literate in two of the major fields that are the most foreign to me, business and finance or economics. Can you help with book or website recommendations? [more inside]
There are lots of interesting SF&F economic systems that are without money -- post-scarcity AI-nano cornucopias, magic subsistence economies, etc. For those who imagine worlds that still have money, though, what are the most interesting speculative monetary/currency/financial systems? (Please feel free to mention the obvious-to-you, as I've got big gaps in my SF&F reading and watching.) Thanks! [more inside]
Hi, My ten year old daughter wants to start getting an allowance this summer when school is out. My husband and I thought about it and we thought 10 dollars a week would be good. But we are trying to decide the pros and cons of attaching the allowance to chores. [more inside]
Settle a bet: Friend claimed that Terry Pratchett's "Going Postal" and "Making Money" where unique in the fantasy genre for dealing so much with the economics and " white collar" systems of a fantasy setting. I said that couldn't be true but couldn't think of any examples ( they abound in Sci-Fi, but we're talking wands and robes here, and the Baroque Cycle is only kind-of-fantasy). So, what are some examples of fantasy novels where things like labor unions, mediums of exchange, guild politics, trade imbalances, commodities markets, hostile takeovers and government regulation are both explored and woven into the plot? [more inside]
Many years ago I read an essay that was pretty critical of the way so much fantasy fiction could not build believable societies with plausible economic underpinnings. The author was fairly concise and snarky, arguing that (I'm paraphrasing here) she could suspend disbelief about dragons and magic, but that she couldn't slog her way through a book where not the least bit of thought had been given to how all these characters and their associates could make a living, grow or acquire food, and otherwise acquire money and engage in trade. I think it was an essay by Joanna Russ in Fantasy & Science Fiction in the 70s, when she had a regular book review column there, but I could be conflating like mad.
If a bucket of bolts (BOB) costs $10 today and $23 a month later, is the BOB worth more or is money worth less? How do I know when money is worth less or more, or the thing it's buying is worth more or less. Or am I saying the same thing? Arghhhh. Please be gentle.
I read this article and I'm fascinated by the effects of current events on how money moves through the world and how money seems to affect other money. I've found a new interest! But, I don't even know what it's called! How can I study this? [more inside]
The gold-coin contents of the cliche' pirate/dungeon treasure chest, how much would that be worth today? Assume a stereotypical treasure chest, knee high to an adult, filled with gold escudos in excellent condition. How much would the chest and contents sell for? Could you sell it?
Do you have to know how to cook to own a restaurant? [more inside]
Way too many people in my life, including my wife and I, are well-educated but have no innate grasp of economics. How did you learn about all things money (microeconomics, macroeconomics, finance) in a way that stuck? [more inside]
If the American and world economy truly implodes, where is the safest place to have one's money and why?
Reading about the current fiscal hullaballo, the idea of "Modern Monetary Theory" keeps popping up. I get the basic gist of it but I was hoping to learn more. Will you explain Modern Monetary Theory, aka Neo-Chartalism, to me? [more inside]
How can a private company offer stock options? [more inside]
Why doesn't the law of supply and demand seem to apply to certain professionals? For instance, there seems to be an abundance of lawyers. I've never met a lawyer who was too busy and had to turn down work. Yet they all seem to charge $250-500 or more an hour. I've also looked for programmers and designers. It's extremely difficult to find anyone good, and when you do, they're almost always too busy to take any additional work. Yet they still charge much less than lawyers. What factors are causing this?
As a former scientist, help me gain some faith in economics. What were the great successes of economics as a tool for making better decisions in the last 100 years? [more inside]
[MonetaryPolicyFilter] In relation to the Fed's huge injection of money yesterday, please explain to me how, if at all, the Federal Reserve can destroy money on its balance sheet in a way that offsets the inflation that normally would result. [more inside]
First let me say I'am ignorant when it comes to economics, but I'd like to have a better understand of it. With that in mind this clip makes sense to me but I also understand it flys in the face of everything held to be sensible about modern economics. Help me understand. Thanks.
[EconomistFilter] Are interest based money systems fundamentally broken? [more inside]
I'm looking for a good, intermediate economics textbook. [more inside]
With all the bickering over taxes in the election campaign, I'm trying to get a broader picture of US income tax history, theories behind past policies, and analysis of how they worked (in idiot friendly language). [more inside]
Anybody have experience in investing in virtual world banks/businesses/markets (such as those in SecondLife.com etc)? Do they provide a serious way of making a sensible risk/reward on five or six figure investments? [more inside]
Economics Filter: Monetary Policy and the Fed, when do we raise and lower rates and why? [more inside]
What's the safest possible thing that I can do with my money? [more inside]
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]
(Possibly Advanced) Economics Filter: How does new value created by industry and economy become money? [more inside]
Should I be worried about an impending collapse of the US dollar? [more inside]
Why would ripping up money make money more valuable? Would it? [more inside]
How do I find out the value of a dollar in a given year? [more inside]
How do you value the content of a blog, or any media company, whose content isn't made up of physical assets? [more inside]
How do shareholders of Berkshire Hathaway earn income? It seems that dividends haven't been issued since 1967. Short of selling the stock, isn't the investment "tied up"? [more inside]
What is the cheapest you could live and still maintain a fairly normal lifestyle? [more inside]
Money confuses and scares me. [further within] [more inside]