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Fantastic article! These simplified economies do follow similar constraints as real economies. A popular argument is that we are not all homo economicus... but
by nwah1 5y ago
Fantastic article! These simplified economies do follow similar constraints as real economies. A popular argument is that we are not all homo economicus... but video game players are real humans, not NPCs, and yet they reproduce most of the same classical economic issues that were predicted from first principles by philosophers such as Adam Smith, David Ricardo, and Henry George.
- larsiusprime 5y agoSpeculators are certainly homo economicus, for whatever it's worth :)