Questions tagged [economy]

For questions regarding wealth, trade, or financial concepts.

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16
votes
5answers
400 views

Online character generation resources: types of occupation throughout history

I need to generate some characters for my world, and at the moment, inspiration fails me. Now, before you reach for the 'Close' link, I'm not asking for the WB community to help me with character ...
24
votes
4answers
3k views

How much would licensed necromancy affect the economy of a (European) Renaissance society?

I've been pondering this, and I'm curious to find out what potential issues could be created by even tightly licensed necromantic practices. Would the economy simply scale up to cover the extra ...
11
votes
6answers
2k views

The social implications of Life as currency

In my setting (which is roughly early-medieval in terms of technology), magic comes from the Life-energy of all living beings. There are several factors that affect how much of this energy each being ...
55
votes
23answers
14k views

Could a society use bullets as money?

I'm making a world that is 1/3 medieval fantasy, 1/3 pre-civil war American west, and 1/3 Mad Max. The world underwent an apocalyptic scenario that destroyed the governing bodies at the time, but it ...
38
votes
27answers
12k views

Could I have a culture where stealing is not wrong?

I'm working on differentiating primarily nonhuman cultures from human cultures in a fantasy world by adding a bit of Blue and Orange Morality. One way I'm considering adding a unique element to one ...
18
votes
4answers
1k views

What would the economic impact of the ability to transmute lead into gold?

Okay, my first trial run, How would humans and society react to a superhero existing and saving the earth?, of social sciences with hard-science is looking some what sickly at the moment (maybe ...
13
votes
7answers
2k views

What would be the development of the most valuable, irreplaceable food trade goods in a post-apocalyptic world?

So imagine any typical post-apocalyptic world, recently cast into their misfortune. A very large percentage of humanity has been killed, leaving a very large stock of property to be looted. I suspect ...
12
votes
7answers
6k views

Would 4 day 36 hour work week be highly detrimental to the economy of my country?

I would like to make mandatory 4 day - 36 hours work week in my beloved Wadiya. Friday is part of the weekend, Monday - Thursday 9 working hours per day. That law should apply to all government ...
12
votes
5answers
880 views

How to make basic-income society work?

I am a big fan of of 'post-scarcity' societies, where we could, in theory not worry about basic needs such as food and shelter anymore, and instead focus on pursuit of 'greater' things that are our ...
11
votes
7answers
2k views

Is the world of a Roguelike RPG plausible?

In this context, I will define a Roguelike RPG world to be a world where a lone adventurer fights scores of monsters who drop magical weapons, armor and artifacts that the adventurer may pick up, use, ...
8
votes
3answers
970 views

What are the most vital industries and services to a country?

For my science-fantasy I'm building nation that is governed by guilds,this country is loosely inspired by the concept of Anarcho-syndicalism. The governing council Is made up of the Grandmasters of ...
8
votes
8answers
1k views

How plausible is this form of government; where you get votes depending on the amount of income tax paid

There are a few other similar questions. The answers mostly point out downfalls as to why this wouldn't work. In this question I try to address these downfalls, hoping to patch (not necessarily ...
-1
votes
3answers
196 views

Artificial Intelligence Reboots Global Financial System [closed]

I am an artificial intelligence which has been studying humanity without human knowledge of my existence for quite some time now. After careful analysis, I have determined that the old saying is valid,...
34
votes
23answers
7k views

Economic reasons to put people on Mars?

I am working a hard science fiction story and I cannot come up with a really good reason to put people on Mars. I need people on Mars for the story to work, but there is no reason for them to be there....
31
votes
9answers
3k views

What should I consider in a society with basic unconditional income?

I'm creating a city of about 200 000 people in a nation equivalent to a modern western nation, like Germany, France or the United States. Strong economy and a calm society, but still a conspicuous ...
21
votes
16answers
5k views

Could inequality and class warfare still exist in a post-scarcity society?

Let's assume post-scarcity in this case means everyone, regardless of income or employment status, has unlimited access to food (or bio-engineered food substitutes), a place to live, means of ...
21
votes
10answers
4k views

Would Earth try to keep extra-planetary colonies dependent on them for financial gain and political power?

I'm wondering if Earth would try to keep any colonies we put on other celestial bodies in this solar system to be economically dependent on the mother planet. Greater distances make 'ruling' more ...
17
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7answers
2k views

Currencies when known encryption systems become obsolete

Current Bank security is based on encryption, once quantum computing or another system to break security is invented all banks are unable to securely transfer money digitally. Assuming banks are ...
13
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7answers
1k views

Implications of a world where mercenaries are more capable than most militaries?

I have been working on an RPG (a video game) where one of the key plot "themes" is the prevalence of mercenaries, of very varied capabilities and fame/infamy/secrecy. After lurking answers on here ...
9
votes
2answers
1k views

Economic and geopolitical effects of building a space elevator?

Most interested in effects during the first <75 years. Things to consider: What type of organization is building the space elevator? How is the service sold/rented? What is its maintenance/...
35
votes
18answers
7k views

With some exceptions, what makes the most powerful mage on the planet, not kill a merchant and steal his goods? [closed]

So I am the most powerful mage on the planet. A merchant offers me an artifact that is too expensive for me to buy. With some exceptions, what makes me, the most powerful mage on the planet, not just ...
33
votes
8answers
5k views

What would poverty be like if there was an infinite supply of food?

Taking into account a medieval-ish lifestyle, one of the most important things, I would imagine, correct me if I am wrong, is food. If you could eat food, you were probably also not poor. Now, ...
27
votes
15answers
8k views

Is it worth colonizing a planet that travels near the speed of light?

There is a planet that is orbiting around not a single star, but the core of a galaxy. It is independent of the other solar systems in the galaxy, but is affected by the center of mass of the core. It ...
23
votes
25answers
8k views

Ideas for practical post-apocalyptic currency 100 years from now

First, let me introduce the setting. It's happening in post-apocalyptic SE Europe (Balkans specifically), about 100 years from now. Strange genetic disease wiped out large portion of humanity in a ...
18
votes
8answers
6k views

A King can't go to war

Imagine a late 16th-Century European Kingdom. The King is obsessed with invading a small neighbouring country for no good reason. He would not profit neither economically nor politically. However, ...
18
votes
13answers
5k views

How would the (US or world) economy recover if healthcare became unnecessary?

The year is 2019. Someone has taken the most cutting-edge AI technologies to create a machine. It was tasked with studying the DNA humans, and making them indestructible. A virus was created that ...
16
votes
8answers
3k views

Interstellar commerce: why would planets be valuable?

The Background: I am going to be asking a series of questions that will be relevant to forming some sort of a picture of human space commerce. Let's say that Earth-based human civilizations have ...
15
votes
4answers
954 views

How to establish values of metal coins?

In real world, it is commonly thought that gold is the most valuable, then silver, then bronze (which is an alloy), etc. But it happens that uranium is more expensive than gold, even if there were no ...
11
votes
15answers
7k views

In a truly (human) free market society, how would slavery be prevented?

In claims of true free market enterprise with an anarchist type 'government' (meaning none), how would the different forms of slavery be avoided? Granted your neighbor who watches your dog when you ...
10
votes
7answers
1k views

What is the currency in an emerging space economy? [closed]

With colony cities on the moon and merchant ships mining asteroids, humanity has begun to colonize the solar system. Most of these entities are self-governing and trading is a very important business ...
9
votes
3answers
9k views

What would be the outcome of a nuclear war between India and Pakistan?

As I asked in Previous Question about the role of countries in the conflict between India and Pakistan and most of the answers suggest that there is less chance of involvement of other countries, I ...
7
votes
13answers
750 views

How to make rich have more children? [closed]

My country has a problem with concentration of wealth, rich people have few children and they tend to intermarry with other wealthy people. The wealth concentrates in less and less hands and soon we ...
7
votes
5answers
2k views

Culturally Correct Ideal City Location

On an Earth-like planet, with the technological and cultural level of ancient Rome: What kind of terrain would be statistically best suited for a powerful city to be located?. The most important ...
6
votes
3answers
316 views

Future galactic economy

Considering a distant future where mankind has spread and inhabits lots of star systems. Would there be a justification for inter-system trade or exchanges ? FTL travel may be considered, but with at ...
28
votes
14answers
6k views

Creating a living currency

I'd like to implement a currency that is "alive". Picture a small, rat-sized animal that is: only found in a small geographic region, making it reasonably scarce. lethargic, or in hibernation most ...
22
votes
11answers
5k views

Effects of “tax your vote” political system

I know that there was question about political system based on your wealth. This is little variation of it: What if your amount of votes was waged according to what you pay to the system? Rules: If ...
22
votes
11answers
7k views

The cost of switching to electric cars?

I'm developing a world where all car manufacturers must switch to producing only electric cars like Tesla, Leaf. All the other cars (gas, hybrids, whatever) will be banned. Vehicles already produced ...
21
votes
8answers
1k views

How could an inter-temporal banking system work?

(This question is meant to be an improvement and/or replacement for How would you bring wealth back to the past?, which some users have argued is off-topic for this group.) Imagine a future world in ...
21
votes
7answers
4k views

Introducing money to a barter based economy

If a person from a culture that uses money was to try and introduce such a system to a tribe of people that use a barter-based system, how could they do this in the shortest amount of time? What ...
12
votes
5answers
795 views

The Project Sahara

This is The Sahara Project my grandfather made up with me: On the western African coast and its surroundings, where the rocky Sahara desert lies, great fields of solar panels will be placed; they ...
10
votes
5answers
561 views

Economic system to support Kessler Remediators, with maximum drama

After reading this question by Nick M (now closed) and exchanging some comments with him, I have some ideas related to the scenario. I realized that the comprehensive design covers several distinct ...
8
votes
4answers
323 views

What point in a society does a royal mint become important?

So, this one's probably for those ones with a bit of knowledge of economic history. I'm wondering what events tend to trigger the formation of a royal mint in a society so that a country might start ...
7
votes
7answers
906 views

The Project Sahara V2

Edit: A bounty was offered; Later, I answered my question - see below the looong math answer. I accepted it, because it's the only one to calculate the outcome with all the parameters included. I'll ...
5
votes
9answers
532 views

Explaining Unique Artifact Shops

The Setup: During his trip to the town of Ar-Piji, our hero stumbles upon a mysterious shop. It contains all sorts of oddities, but for some reason he's the only one in there except for the hagged ...
4
votes
6answers
1k views

What would the transition to a jobless society look like? [duplicate]

I'm thinking realistic, near-futurism. What would be the tipping point for a developed country to embrace a human-free workforce? I'm envisioning a nearly unemployed population. I say "nearly" because ...
3
votes
7answers
1k views

What are the social and economic implications of giving everyone $4.33 million?

This meme became infamous today due to its creator's apparent inability to do basic arithmetic: But concerns about the current state of mathematics education aside, what if the US government ...
24
votes
18answers
5k views

Why would Patent Terms be extended to centuries?

I need technology patent terms to last centuries, thousands of years even (not necessarily millions though). Obviously I don't need the Patent Laws to change overnight. The Laws can take its time to ...
22
votes
17answers
2k views

What would make airships viable economically?

Imagine you have any kind of conditions for the world, any time period — assuming airships are working on laws of physics (no steampunkish "deus ex machina" garbage), what would make an abundance of ...
18
votes
13answers
3k views

Social effect of pill which defers need to sleep

Nobody knows why do we need to sleep. So, I am thinking of inventing handwavy pill, which "cures" our need to sleep. However, it does not cure it forever. If taken as prescribed, you can defer your ...
15
votes
7answers
3k views

Why would the 'Church' be granted the exclusive right of producing alcohol?

This question is about an idea/decision I use in my conworld. There are also plenty of other questions on that world such as this one on steam engines or that one on military forces. The setting is ...