“Paradoxically, it has turned out that game theory is more readily applied to biology than to the field of economic behavior for which it was originally designed” GamesEconomicFieldsTheoryBehaviorBiology Book:Evolution and the Theory of Games Source: Evolution and the Theory of Games
“Synthetic Worlds is a surprisingly profound book about the social, political, and economic issues arising from the emergence of vast multiplayer games on the Internet. What Castronova has realized is that these games, where players contribute considerable labor in exchange for things they value, are not merely like real economies, they are real economies, displaying inflation, fraud, Chinese sweatshops, and some surprising in-game innovations.” WorldBookRealPoliticalValuesGamesSocialEconomyIssuesPlayerEconomicInternetLaborInnovationProfoundChineseFraudSurprisingInflationEmergenceSyntheticEconomic IssuesSweatshops Author:Tim Harford
“Yes, NFL players deserve to be paid well. Unfortunately, economic realities are forcing everyone to make tough choices and the NFL is no different. These are not easy negotiations, but the outcome can be positive. If both sides give a little, everyone, including fans, will get a lot and the game will improve through innovation. Even in difficult economic times, a new CBA presents us with the opportunity to secure the future of our game.” IfsGivingWellsLittlesDifferentRealityChoicesOpportunityGamesEasyDifficultSidesPlayerFansEconomicDeserveToughPaidInnovationIncludingSecureOutcomesNflBoth SidesNegotiationBeing PositiveNfl PlayersTough Choices Author:Roger Goodell
“This is an opportunity to create a better future for the NFL, to improve the game for our fans, and to expand the economic benefits for the players and teams. Staying with the status quo is not an option. The world has changed for everyone, including the NFL and our fans. We must get better in everything we do ... If both sides compromise and give a little, everyone will get a lot, especially the fans.” IfsWorldGivingLittlesOpportunityGamesSidesPlayerTeamFansEconomicChangedBenefitsIncludingCompromiseGet BetterNflStayingBoth SidesStatus QuoBetter Future Author:Roger Goodell
“If in the earlier part of the century, middle-class children suffered from overattentive mothers, from being "mother's only accomplishment," today's children may suffer from an underestimation of their needs. Our idea of what a child needs in each case reflects what parents need. The child's needs are thus a cultural football in an economic and marital game.” IfsNeedsMayChildrenIdeasTodayMotherSufferingGamesParentClassCasesEconomicMiddleCenturyFootballAccomplishmentMiddle Class Author:Arlie Russell Hochschild
“Women tend to vote the economic interests of their families and to speak out on family economic issues. For men, there's often much more focus on the idea of personal failure: "If I'm not winning this great economic game, it must be my fault."” IfsMenIdeasGamesWinningSpeakInterestIssuesFocusEconomicVoteFaultsSpeaks OutEconomic IssuesPersonal Failure Author:Elizabeth Warren
“High-speed rail would revolutionise interstate travel and would also be an economic game-changer for dozens of regional communities along its path.” GamesCommunityPathEconomicSpeedDozenRailHigh SpeedInterstateGame ChangersHigh Speed Rail Author:Anthony Albanese
“Today, the top one-tenth of 1% owns nearly as much wealth as the bottom 90%. The economic game is rigged, and this level of inequality is unsustainable. We need an economy that works for all, not just the powerful.” NeedsTodayGamesWealthLevelsPowerfulEconomyEconomicBottomInequalityRigged Author:Bernie Sanders
“At least half of the popular fallacies about economics come from assuming that economic activity is a zero-sum game, in which what is gained by someone is lost by someone else. But transactions would not continue unless both sides gained, whether in international trade, employment, or renting an apartment.” GamesLostSidesHalfEconomicActivityEconomicsTradeAssumingInternationalEmploymentZeroApartmentBoth SidesFallacyTransactionsInternational TradeZero Sum Game Author:Thomas Sowell
“Capitalism is going to deal itself out of existence, but before it does that, you're gonna pay $50 for a latte, because inflation is going impoverish all of us before people get pissed off enough to realize that all of the last hundred years of economic progress was actually a shell game to create billionaires, while the great masses of people saw their standard of living eroded and destroyed.” PeopleYearsDoeEnoughLastsGamesRealizingDealsPayExistenceSawsProgressEconomicMassStandardsHundredCapitalismDestroyedShellsInflationBillionaireStandards Of LivingPissed OffLattesEconomic Progress Author:Terence McKenna
“In terms of the economics, yes obviously the rise of e-books and how people choose to read books has a big effect on the economics of the game. But whether people are buying them on paper or downloading them there's still some poor wretch in a room who is trying to write a poem, write a story, write a novel. And so my job doesn't change. It's just how people receive it and economic conditions on the ground change, but that doesn't affect what I write.” PeopleWritingTryingStillsBookStoriesBigsJobsGamesTermPoorRoomsNovelEconomicConditionsEffectsPaperEconomicsBuying Author:Colson Whitehead
“The politics of grievance is pervasive. It's spreading. And when you have an economy that has been ripped to shreds like this, and when you have more and more people thinking that there's no economic opportunity - that the game is so rigged that the standard recipes of hard work and education, stick-to-itiveness and so forth don't pay off.” PeopleThinkingHas BeensHardOpportunityGamesPayEconomyEconomicHard WorkStandardsSticksRecipesRippedGrievanceRigged Author:Rush Limbaugh