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Questions tagged [economy]

For questions regarding wealth, trade, or financial concepts.

1
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2answers
81 views

Real-time planned economy with feedback

What about a society that would function the following way: Someone creates an idea of a product or service and posts it on a special site in the Internet. People vote for the idea indicating amounts ...
5
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4answers
830 views

Would it be possible to set up a franchise in the ancient world?

The night queen has invaded the northernmost part of easteros with an army of ice wightwalkers. They have surrounded a castle called summerfall, trapping our heroes inside. Various armies of different ...
4
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3answers
101 views

How would digital currency work on a intergalactic scale with limited FTL loopholes?

Another question got me interested in this. How would finances work when there would frequently be long delays for confirmations of transactions? Let's say there are Jump Gates/Artificial Wormholes at ...
32
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12answers
7k views

Crime rates in a post-scarcity economy

A post-scarcity civilisation is one where the automatisation of production and a universal basic income system have made it impossible to suffer unwillingly from the lack of means to satisfy the ...
26
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17answers
6k views

Justification of physical currency in an interstellar civilization?

I have seen a similar-ish question on here, but it doesn't quite match my inquiry. Suppose you have an interstellar civilization (the means of travel between stars being stable two-way wormholes on ...
4
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5answers
225 views

What is the cheapest way to move large amounts of trade goods to orbit?

Given a world with similar size and atmospheric composition to Earth that has a commodity export, be it grain or oil etc, that has trade with other planets, what would be best way to orbit massive ...
23
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13answers
8k views

Can there be a single technologically advanced nation, in a continent full of non-technologically advanced nations?

The run down here is that there's this continent, and there is a lot of unclaimed land where countries haven't formed yet and a lot of tribes but there are some actual countries like kingdoms, (where ...
9
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4answers
850 views

What are the potential pitfalls when using metals as a currency?

Somewhat related question, but not the same goal In my current concept metals (from nickel to iridium, based on density) are used in the magic system. So in a way they are directly tied to power. I ...
5
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10answers
381 views

Limit immortality technology by cost

The setting is the modern day, US. All aspects (unless addressed by the question) can be assumed to be the same as our current, real Earth. This question has the assumption that a technology exists ...
10
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11answers
2k views

How to market an anarchic city as a tourism spot to people living in civilized areas?

So, in my Post-Apocalyptic world, there’s a city down in South Nevada known as Vegas. Unlike the rest of the majority of North America, Vegas was not hit by nuclear warheads in its near vicinity. But, ...
5
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6answers
261 views

How would a private global security force receive funding?

Intro: In my story, there’s an organization VERY similar to S.H.I.E.L.D. from the MCU (Pre Winter Soldier). The changes though are that this organization is more heavily rooted in realism and the ...
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4answers
176 views

What would happen if everybody received $1B? [closed]

My wife is an accountant and she refused to listen to my stupid idea. Before I go and ask economists, I would like to ask Worldbuilding :) CONTEXT: As we hopefully are aware, increasing automation ...
8
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3answers
252 views

Minimum level of technology to have a modern tax system?

As is my understanding (this is not my specialty), for the vast majority of history the crown (whatever sovereign entity exists at the head of the state) gathered income through a few means: Tariffs (...
2
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6answers
221 views

Would separating people into 2 groups help the economy in any way?

Would splitting humans into two groups, those that work and live during the night, and those that work and live during the day, help the economy in any way? What would be other considerations of ...
20
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6answers
4k views

Personal Teleportation: From Rags to Riches

I'm looking to investigate one aspect of the "real world" implications of teleportation as a super power, much like I did with this question. In this case, I'm trying to figure out the best method(s) ...
15
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7answers
2k views

What would be the benefits of having both a state and local currencies?

The Hegemony has a global (technically interplanetary currency) known simply as the Hegemony Credit. Unlike some currencies the credit does not have smaller denominations only credits. In theory the ...
2
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1answer
72 views

Building a underworld [closed]

My story is about a royal court that rules the underworld, the place between our world and heaven or hell. My question is, if it is a underworld where everyone is supposed to be dead, would there be ...
2
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3answers
96 views

How do I create costs of living for people of different incomes in a society? [closed]

Something tells me costs are a bit relative based on location, at least for things like houses. So if my society or nation state is not based off of America it may have different homes and different ...
26
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28answers
9k views

What would be the most expensive material to an intergalactic society?

Imagine an intergalactic society that has the following abilities\tech: Warp drive allows trips between stars in days and galaxies in weeks. Able to live in spaceships for long time without health ...
5
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4answers
308 views

A prison which guards itself

Imagine a dictator who owns a massive prison. The tech level is 12th-15th century, and the dictator has very few guards at his disposal. The prison already has all necessary resources such as food and ...
11
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7answers
2k views

How would a Dictatorship make a country more successful?

How would a Dictatorship make a country more successful (Wealthy, politically and materialistically powerful, secure, stable)? Background: In this instance the country is a monarchy to begin with. ...
23
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5answers
4k views

Would a National Army of mercenaries be a feasible idea?

Would it be practical for a small, largely isolated country to have a drafted army to be hired out to other countries as guards for caravans or a policing force? The soldiers would all serve around 4 ...
0
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3answers
121 views

Modelling platinum supply

Given an asteroid mining company manages to deliver platinum (ore) to Earth, how would they need to set their selling price to account for delivery, given that today on Earth 1g platinum costs $30 to ...
1
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1answer
48 views

Crater sized bore hole on Ceres, how would you make it economically profitable? [closed]

Ceres is a bustling port within the belt and a commercial, entertainment, and economic hub dealing with the markets of both the inner and outer planets. Ceres is home to the largest colonies in all of ...
1
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2answers
89 views

Doing business with time magic in ancient-medieval world

What business could I in theory do if I have Time magic which can reverse or accelerate time of inanimate/non sentient objects in a limited area? This is in relation to my question, Liquor making ...
0
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1answer
97 views

What are the economic effects of an electricity shutdown that lasts weeks in big city? [closed]

How this affects the economy of the big tech industries like factories and the media like radio stations and television? What are the effects that this brings in the life of normal people?
1
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2answers
142 views

How would an event that killed 80-90% of my world's population in the past have an effect on my world's economy and culture? [closed]

My world is a medieval age with magic setting, with a fantasy style map (assume flat earth. Not entirely true but accurate enough). The world is several times bigger than Earth. An Empire which ...
6
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3answers
201 views

How can humans enslave a slightly more intelligent species? [closed]

In my story, there is a war between humans and a slightly more advanced and clever species. The humans outnumber the other species and end up winning the war because the humans spread a virus to the ...
3
votes
1answer
78 views

Trading ships simulation and maybe some pirates [closed]

I don't know if this is an acceptable question (it's not even a question), but I like the site artwork and I built a world. Playing with Javascript, I came up with a sea world. Buggy test here http://...
4
votes
2answers
167 views

Medieval Windmills and Milling

The Millers' Guild needs all aspiring Mathemagicians! Medieval Damascus has been expanding its crop-growing land because all these European Crusaders are eating too much bread. Unfortunately the ...
5
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5answers
222 views

What are some reasons an employer could legitimately require your voting rights as part of your employment?

In accordance with Citizens United and with the acceptance that the real wealth creation of this nation is created by corporations, we hereby declare that the voting rights of corporations have been ...
2
votes
1answer
95 views

Basing an economy around Coal, Slaves, and War Industry. Does it seem practical?

So right now I've been tasked to come up with a world for a story that centers around what we could probably describe as post-civil war era. Coal is a resource needed for fueling machines and modes of ...
2
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4answers
141 views

How to make non-tradable sector unattractive for ambitious entrepreneurs?

I'm writing a story about a government of a former colony who wants to industrialize the country and build its manufacturing base. However too many entrepreneurs prefer to invest into non-tradable ...
22
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8answers
3k views

Insurance in a world with Superheroes

The less likely an event is, the easier it is to insure against it, as the risk is low. Meteor insurance, if it exists, is probably cheap, and still pretty profitable for the company, as the number of ...
1
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6answers
324 views

After evacuation to a new planet, how would a population switch from a barter system to a monetary system with banks?

Okay, context. There's a modern human sub-species (about 9,000) that needs to evacuate earth to avoid genocide from their human counter-parts. They have access to a portal to take them to a new viable ...
1
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7answers
381 views

Would it be realistic to have a world with no currency, just trade?

In the world I’m creating, there’s no specific form of currency. People trade for goods- you could buy clothes from a merchant and in return, they could get food, valuable items, things that could be ...
9
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7answers
1k views

Can a kingdom be destabilised by an influx of enemy gold?

A few years ago I read a role-playing game supplement that described a cold war between kingdom Good and kingdom Bad. Both kingdoms used metal coins with silver as the most common followed by gold. ...
4
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5answers
169 views

Hypothetical: Could living standards improve in a zero economic and population growth society?

This is a hypothetical question, with the intention of exploring the nature of wealth and standard of living. By zero growth, I mean that the output of goods and services produced per person does not ...
1
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0answers
114 views

How to explain US economic collapse? [closed]

I'm creating a world where US collapsed as the largest economy in the world, shrinking by more than half of its annual GDP. The new congress slashes all the foreign spending, defense spending goes to ...
1
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3answers
196 views

Markets for the forfeit lives of convicted domestic abusers

A free-market solution to preventing domestic-abuse A society of normal humans have constructed a socio-economic system where victims of violent domestic abuse are given a murder-right over their ...
2
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6answers
228 views

What methods might a government employ to stay wealthy?

I currently have a world-spanning empire doing great deeds such as supporting the poor while creating massive pieces of machinery and swimming in art and lavish decoration. Surely they have a ...
-5
votes
11answers
300 views

The Emperor bans the number seven on pain of death. Does this inevitably disrupt a medieval society? (trade and commerce) [closed]

The medieval Emperor is up to his tricks again. He has decided that the number seven is unlucky. Despite advice from his courtiers that it can't be done, he bans its use on penalty of death by any of ...
5
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3answers
118 views

How can I make magical projectiles cost effective enough to be practical?

For many centuries, magical armor has outpaced projectiles in warfare. Armor is enchanted with runes in order to make it more effective, as well as proscribed certain abilities to it. Runes are ...
5
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2answers
175 views

Minimum percentage of immune when epidemic lowers IQ in the 80's?

I have an epidemic of unknown origin spreading across the earth. The effects are decrease in cognitive ability to around 80+ IQ. So we have a surgeons who don't know how to operate, engineers who don'...
2
votes
2answers
164 views

Creating a scientist-only country in our world [closed]

Wanting to innovate humanity, a multi-billionaire decided to start a new country. He was able to convince a country in Europe to sell a large portion of their land to him. He then constructed ...
6
votes
7answers
379 views

Would this scheme be profitable?

In the not so distant 2040s the world is heading towards a devastating energy crisis, climate change is slowly beginning to take its toll, and unemployment is on the rise globally. But one corporation ...
1
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6answers
374 views

Ways to somewhat balance a gem based magic system so as to avoid total oligarchy

Problem In my world, the magic system depends on access to a certain type of gem. This gem is plentiful, but only found in a single place, with 6-8 mines. My magic system is totally skewed in favor ...
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9answers
783 views

How would an economy and country operate without fiat money?

Imagine a country without fiat money. Everyone has a monthly allowance based on their job and position within their workplace. Imagine that a construction worker receives 100 currency points. With ...
2
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5answers
346 views

With an impending cataclysmic event, when would the economy break down?

Motivational musings: If there was an impending, unavoidable, and universally accepted cataclysmic event that will absolutely destroy everything, how long would it take for the economy to break down? ...
25
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24answers
6k views

Why would magic wane? It's so useful [closed]

It's a fairly common theme that magic was a more powerful force in the past but as we come into modern times it has got weaker and maybe extinct. But why? The ability to use magic would be a huge ...