Monday, November 16, 2009

DevBlog #707 — 3rd QEN

Don't get me wrong, I can see the appeal of bringing a 'real' economist on board to help with the management of in-game economy, and I can see how my first move would be to reach out to economists I know… that is, provided they fit the bill.

Instead, CCP went the way of CCP, and hired a cousin fanboi drinking buddy based on his credentials of downing Egils Sterkur and finding EVE awesome.

On the plus side, that gets us this kind of gem:

When large external events like these happen they of course impact relative prices within EVE but the robustness of the market quickly allows prices to reflect these changes or shocks to the market.  This might be a good lesson regarding our real life economies, showing that if we allow markets to adjust without intervention from governments they correct much quicker than when we try to steer prices to the "correct" level - given that the rules of the market are clear and that information flows relatively freely between agents on the market.

That's coming from CCP's 'real' economist: Dr Eyjólfur Guðmundsson… of Iceland, the first western country since the 1970's to call on the IMF to save their hide from the boon of "free-flowing information" and "clear market rules".

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