Archive | Economy

What Would Happen If the Whole Internet Just Shut Down All of a Sudden?

A world in which the internet suddenly stops: surely the TV show’s already in development. Sprawling cast, gorgeous visuals, tediously on-the-nose themes. Some handsome B-lister tearing around the country in pursuit of his wayward kids, or the shadowy sect that pulled the plug in the first place. A patch of prairie in… Read more…

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The Video Game Industry Can’t Go On Like This

At about this time next year, we’ll have a pretty good idea of what the next generation of video games will look like. New consoles will likely be shown off, bold new streaming initiatives will begin to launch, and we’ll see all the wonderful kinds of games they will bring us. All these new things […]

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The Video Game Industry Can’t Go On Like This

At about this time next year, we’ll have a pretty good idea of what the next generation of video games will look like. New consoles will likely be shown off, bold new streaming initiatives will begin to launch, and we’ll see all the wonderful kinds of games they will bring us. All these new things […]

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Sony, Microsoft, And Nintendo Come Out Against Trump’s Tariffs On Gaming Consoles

Sony, Microsoft, and Nintendo have joined forces to tell the U.S. government that its newly-proposed tariffs on goods imported from China would hurt consumers, put jobs at risk, and stifle innovation, according to a joint letter sent by the companies to the Office of the U.S. Trade Representative.Read more… Continue Reading at https://kotaku.com

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Rockstar Starts Selling Red Dead Online Gold For Real Money

Red Dead Online’s economy is based on two currencies: cash and gold bars. At launch, it was only possible to get these currencies by playing the game but gold also became available today as a premium currency purchasable with real money. You can just plop down $9.99 for 25 bars instead of earning them in-game, […]

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How Much Should I Regret Not Buying Bitcoin?

The first bitcoin transaction ever was by man who bought two pizzas. That arrangement would be worth over a $100 million today. Regret was baked into Bitcoin from the beginning. Last year, somewhat inexplicably, Bitcoin’s price rose more than 1,000 percent. That number has since dipped, but a single bitcoin is still,…Read more… Continue Reading […]

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Why You Shouldn’t Wish for Amazon’s HQ2 in Your Town

My hometown, Pittsburgh, is on Amazon’s short list of the 20 cities where they might build their second headquarters. I love that a(nother) hot tech company recognizes that our city is a great place to be, but you know what? I kind of hope we aren’t chosen.Read more… Continue Reading at http://lifehacker.com

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How Buying Cards Works In Magic: The Gathering Arena

Wizards of the Coast’s Hearthstone-ish Magic: The Gathering Arena is a fresh take on digitizing the venerable TCG, but it’s still a game about spending money, virtual or otherwise, to collect trading cards. Here’s our first look at how Arena is handling its in-game economy. Read more… Continue Reading at http://kotaku.com

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The “Free Market” Is A Myth

Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist. —John Maynard Keynes The dumbest thing that otherwise smart people glorify is the free market. It’s the central ideology of libertarians, the party of people who pride themselves on sounding much smarter than they […]

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Will Obama’s Economy Save Trump From His Own Incompetence? (Hint: Hell. No.)

Bret Stephens, the resident climate change denier at the New York Times, has a laughably dishonest warning for us: Democrats Are Walking Into a Trumpian Trap. I was curious what he was on about because, let’s be honest, Trump isn’t smart enough to successfully lay traps and whenever he tries, …Continue reading Continue Reading at https://thedailybanter.com

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Welcome to an American City Where the Government Barely Exists

On Woodward Avenue in Highland Park, Michigan, a historical marker stands in front of a derelict industrial building. It reads, “Here at his Highland Park Plant, Henry Ford in 1913 began the mass production of automobiles on a moving assembly line…Mass production soon moved from here to all phases of American…Read more… Continue Reading at […]

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Saving Detroit’s Auto Industry Doesn’t Just Mean Saving Old White Guys

The storied automotive industry is inextricably tied to the American Dream—and, as Donald Trump and the media constantly remind us, full of older white workers losing their footing in a changing country. Jerry Villagrana, an automotive engineer based in Detroit who is about to be stationed in Mexico, smashes that…Read more… Continue Reading at http://jalopnik.com

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Hacker Reflects On 20 Years Of Exploiting MMO Security Flaws For Money

A hacker going by the name Manfred spent much of the last two decades finding ways to make money by manipulating the economies inside MMOs. This weekend he shared his story with a crowd at Def Con 2017 in Las Vegas and argued for better security in online games.Read more… Continue Reading at http://kotaku.com

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Hacker Reflects On 20 Years Of Exploiting MMO Security Flaws For Money

A hacker going by the name Manfred spent much of the last two decades finding ways to make money by manipulating the economies inside MMOs. This weekend he shared his story with a crowd at Def Con 2017 in Las Vegas and argued for better security in online games.Read more… Continue Reading at http://kotaku.com

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Hacker Reflects On 20 Years Of Exploiting MMO Security Flaws For Money

A hacker going by the name Manfred spent much of the last two decades finding ways to make money by manipulating the economies inside MMOs. This weekend he shared his story with a crowd at Def Con 2017 in Las Vegas and argued for better security in online games.Read more… Continue Reading at http://kotaku.com

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