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Christopher S. Penn's Awaken Your Superhero

Christopher S. Penn's Awaken Your Superhero
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Deflation, destruction of credit, and the Lich King

Started by Christopher S. Penn · 7 months ago

From www.ChristopherSPenn.com
Yep, another economics crossover. Blizzard Entertainment’s Wrath of the Lich King expansion pack for World of Warcraft dropped last week, and its impact on the economy has been fascinating. Veteran players of the Auction House (the in-game free marke ... Continue reading »

3 comments

  • Luis

    7 months ago

    I try to install a demo or WoW but my computer is not fit for this type of game, I guess. I have a MacBook Late 2008. The game just wont install, I guess I'll have to buy a console like the Xbox then.
    reply
  • Justin Kownacki

    7 months ago

    Great post. Funny that WoW is designed to survive temporary in-game deflation because top players will continue to operate in a manner that best benefits them (and, therefore, the whole in-game economy) in the long run, whereas the real-world economy is NOT based upon the same best-interest model. (Or, if it is, there are too many loopholes that reward short-term deviations.)

    If you can keep explaining real-world economics via in-game comparisons, a lot of 20 year-olds will have a much better understanding of the actual economy...
    reply
  • Lena Steuern

    7 months ago

    I am getting a lot more picky where I spend my money. Cheaper supermarkets are now where I shop and I no longer buy expensive food, when we can survive on cheaper food!! Pasta is super!! Lena
    reply

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