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Showing posts from January, 2019

Minecraft Economics: How the Nether Update uses the Subjective Theory of Value

What is an emerald worth in Minecraft?


An emerald is the currency used in the popular game Minecraft for trading with NPCs called villagers and wandering traders. Emerald ore is an extremely rare resource in the sandbox world, yet every employed villager has quite a few to trade with the player. However, players have wondered how the emerald compares with real world currency. One YouTube Video by GameTheory tried to find this answer. First, they tried to convert it by comparing the USD cost of bread with the cost of bread in the game, but found that conversion does not translate to other goods. Next they used the labor theory of value to try to determine the USD to emerald conversion, but again came up with a nonsensical conversion. Finally, they tried to assume emeralds have an inherent value in real life and work backwards to determine the in-game USD cost. After using all of these methods, they come to the accurate conclusion that it's not really possible to convert emeralds i…

An Agorist Theory on the Stock Market

There are few subjects that are as touchy as the Stock Market to bring up in a casual conversation in some of my (off-line) social circles - And for a good reason! Like with all good ideas, once the state has laid its evil roots at the core of it, it turns slowly into a bastardized version of what it is supposed to be.  I will use my agorist lense to look at the concept and give you my view on one of the most powerful markets available to us freedom-loving people and what is required to unleash it.




The idea of the Stock
Businesses and entrepreneurs face several problems when they try and establish themselves on the market: Can you find and convince costumers of the value of your product (marketing)? How do you create these things you want to produce (knowledge)? How do you get it into the hands of your customer (distribution)? Should I have storage (logistics)? How do I get the capital to start or expand (finance)?
The last part is what the stocks are made to help out with. It doesn…

Apartment Grown Resistance - Green fingered Agorism

Let's face facts: Every time you shop at a grocery store with a sales tax on food, you are lending a hand in your own suppression. Cultivating your own food supply is a practical and effective way to oppose the state - Today we are taking a look on how to not support the government through your dinner plate, from the comfort of your own apartment! 


Beans, Peppers, and Tomatoes growing on my kitchen counter.
Modern apartments are not set-up for growing foods in any practical way. Your interior design is probably made for things like leisure and sleeping. You might not even have access to a backyard or a balcony. Not having a single green finger on either of your hands might also be troublesome. 
These things and more are problems and the problems just keep on stacking - It seems impossible at first, an uphill battle designed to hold you back. Let me give you a secret: It is not impossible to be self-sustaining on food, even in a small apartment. You just need to change your perspect…