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Second Life - Anti-Capitalist Operating System
Second Life - Anti-Capitalist Operating System

... the land with giant tea crates and defiant signs that read born free: taxed to death! III. Declaration of Independence On the advice of Stanford law professor Lawrence Lessig – the Thomas Jefferson of SL – Linden Lab abolishes the tax in November ’03 and establishes a new policy stating that residen ...
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- UNIMAS IR - Universiti Malaysia Sarawak

Real wages
Real wages

Chapter 16 Absolute Real Economic Growth An increase
Chapter 16 Absolute Real Economic Growth An increase

< 1 ... 21 22 23 24 25

Virtual economy

Money changers redirects here. For other uses, see Financial trading.A virtual economy (or sometimes synthetic economy) is an emergent economy existing in a virtual persistent world, usually exchanging virtual goods in the context of an Internet game. People enter these virtual economies for recreation and entertainment rather than necessity, which means that virtual economies lack the aspects of a real economy that are not considered to be ""fun"" (for instance, avatars in a virtual economy often do not need to buy food in order to survive, and usually do not have any biological needs at all). However, some people do interact with virtual economies for ""real"" economic benefit.Despite primarily dealing with in-game currencies, this term also encompasses the selling of virtual currency for real money.
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