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We've all read, I'm sure, the characterization of Communism - specifically Marxian Communism - as driven by envy. The trouble with that characterization, though, is that it's at odds with the way the Cold War mainstream conceptualized Soviet expansionism back in the old Cold War days. Remember the "domino theory?" The widespread
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[quote user="Lord Jeff"] This may be of some help: http://mises.org/story/865. [/quote] Thanks for the link.
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More along the lines of a market-driven prediction game, only one that uses fictional companies and is detached from real events. You couid call what I'm asking about a "fantasy prediction game."
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Thanks. I've been looking around elsewhere, but haven't found any that aren't attached to Second Life. It seems odd that there aren't. There have been so many academic experiments along this line, I would think that there'd be several economics-department apps that could be converted into that kind of game.
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Wikipedia is normally a complete reference, so there's a good chance that the answer to this question may be 'no': Is there a MMORPG (massively multiplayer online role-playing game) that's about a virtual stock market, or any kind of investment market? I checked over at this Wikipedia list [ http://en.wikipedia.org/wiki/List_of_MMORPGs
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I don't mean about the Peloponnesian War itself, but any libertarian discussion of Thucydides as a writer and scholar - his opinions as well. Thanks in advance.
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Point to ponder: Who says you gotta admire the wealthy? (In an anarcho-capitalist society, influence cannot come without an antecedent admiration.)
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[quote user="Eli"]But, if I had kept the money (and not lent them out), I would still have $1,000 in my pocket, and thus a 1,000/1 car/pizza ratio after deflation. So I'd still have made a big loss... Or? I mean, if the person was able to repay, I'd have gotten $1,000, but now instead I got this lousy car only worth $100... [/quote
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An additional point, which came from Murray N. Rothbard: just because the economy itself is sinking doesn't imply that every industry, or firm, is going under too. In a period of general deflation, capitalists will move to the areas of the economy where cost-prices are either keeping pace or dropping relative to receipt-prices. This combination
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Well, Nathyn, it looks like you've picked up a lot of applied math. Might as well have fun with it while you can.