Dog, I don’t know if I’m being unclear, you have poor reading comprehension skills, are arguing in bad faith, or if you’re just so convinced that I’m a brain-dead idiot that you automatically assume that the most idiotic way that my comments could possibly be interpreted must be the correct interpretation. Trust me, I don’t need your help saying anything stupid… because, I can accomplish that all on my own.
Now, to clarify, I am not saying that Eve’s virtual economy is so fundamentally different from a real world economy that real world economic theories have no explanatory power, or that they are not useful in helping us to understand what’s going on. What I am asserting, however, is that Eve’s virtual economy is sufficiently different from real world economies that real world economic thinking needs to be adjusted in order to account for those differences.
Once again, for clarification, I am disputing your assertions that (A) blackout was an unmitigated economic disaster, and (B) that the proof of that was the observed downward trends in the price indexes and the dramatic falls in bounties and the money supply. This does not mean that I am not saying that blackout didn’t have any negative effect on the economy, or that it didn’t have a large negative effect on the earning of several careers. What I am saying, however, is (1) that the impact was far from calamitous, (2) that you are failing to account for (or even acknowledge the existence of) the peculiarities of Eve’s virtual economy, and (3) even had the economic impact started to become a serious problem, CCP had an enormous ability to intervene thanks to their ability to essentially alter reality.
And… how to put this delicately… I do honestly think that you are smart, and probably a hell of a lot more knowledgeable about economics than I am, but I’m also starting to seriously suspect that your emotional investment in this subject is interfering with your ability to examine the issue objectively.
Anyway, feel free to dispute my actual assertions –in fact, I’m sure to get some things wrong and to not even know about others. However, this is going to be a painstakingly slow discussion if you insist on attacking positions that I don’t actually hold.
Hopefully, I’ve finally made my overall position clear. With that out of the way (hopefully), let’s look at a few of your arguments.