Massively http://massively.joystiq.com Massively http://www.blogsmithmedia.com/http://massively.joystiq.com/media/feedlogo.gif Massively http://massively.joystiq.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[The Linden dollar - every bit as fake as the US dollar]]>http://massively.joystiq.com/2007/11/15/the-linden-dollar-every-bit-as-fake-as-the-us-dollar/http://massively.joystiq.com/2007/11/15/the-linden-dollar-every-bit-as-fake-as-the-us-dollar/http://massively.joystiq.com/2007/11/15/the-linden-dollar-every-bit-as-fake-as-the-us-dollar/#commentsFiled under: , , ,

Caleb Booker (better known as Onder Skall) reports on this week's Metanomics session in Second Life.

For those of you who came in late, Metanomics (sponsored by our friends over at Metaversed.com) seeks to study how economies work (or sometimes don't work) in virtual worlds and MMOs, how they develop and how people interact with them. A virtual world economy is a capsule microcosm full of lessons about real economies.

Continue reading The Linden dollar - every bit as fake as the US dollar

MassivelyThe Linden dollar - every bit as fake as the US dollar originally appeared on Massively on Thu, 15 Nov 2007 02:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>ancapistan-capital-exchangearbitrage-wisecaleb-bookerdavid-karsbøleconomygigs-taggartintlibber-brautiganjillian-sayuri-falconilinden-labmetanomicsmetaversedonder-skallsaxo-banksecond-lifesl-capital-exchangeThu, 15 Nov 2007 02:30:00 EST<![CDATA[Stretching the metaphor - the world and the economy]]>http://massively.joystiq.com/2007/11/08/stretching-the-metaphor-the-world-and-the-economy/http://massively.joystiq.com/2007/11/08/stretching-the-metaphor-the-world-and-the-economy/http://massively.joystiq.com/2007/11/08/stretching-the-metaphor-the-world-and-the-economy/#commentsFiled under: , , ,

A metaphor is an analogy which is intended to assist in our understanding of something by indicating points of similarity between them. Our virtual worlds are all metaphors to one degree or another. Many artificial constructs are.

The problem with metaphors is that they're generally not readily reversible, and it's far too easy to get caught up in them and stretch them far too far.

Continue reading Stretching the metaphor - the world and the economy

MassivelyStretching the metaphor - the world and the economy originally appeared on Massively on Thu, 08 Nov 2007 07:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>gene-yoonlotrometanomicsmetaversedmiddle-earthonder-skallsecond-lifevale-of-andrathworld-of-warcraftThu, 08 Nov 2007 07:15:00 EST