I am a designer who lives in code, entrepreneur, and an idea incubator driven to make our world a better place.
In sharp contrast to our incapacity to perform truly scientific tests in ‘normal’ economic settings, Valve’s digital economies are a marvelous test-bed for meaningful experimentation. Not only do we have a full-information set (making sampling superfluous) but, more importantly, we can change the economy’s underlying values, rules and settings, and then sit back to observe how the community responds, how relative prices change, the new behavioural patterns that evolve. An economist’s paradise indeed…
Academic economist and expert on Greece’s recent collapse, Yanis Varoufakis joins Valve as their economist-in-residence to study and calibrate their digital markets. Valve’s new economics blog should be fascinating in an extremely nerdy kind of way.
“A designer is an emerging synthesis of artist, inventor, mechanic, objective economist and evolutionary strategist.”
Confused with what’s going on with Greece in relation to the world economy? This animation by NOMINT features a big eyed little girl who represents Greece, a sheep with a dog neck cone as their debt, and fanny pack wearing tourists to play the part of their lenders. I’m doubt this piece will clear things up on the matter, but the animation and artistic style is fantastic.
“A designer is an emerging synthesis of artist, inventor, mechanic, objective economist and evolutionary strategist.”