Questions tagged [economy]

For questions regarding wealth, trade, or financial concepts.

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18
votes
10answers
5k views

Would a very successful groundhogger day trader be in trouble?

The story so far: Pennyless joe gets a "groundhog potion" that supposedly allows to repeat one day once. He drinks it and proceeds to win the state lottery by memorizing the numbers. He then discovers ...
18
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12answers
6k views

Economy without inflation

I have a fictional country which I'm currently mapping. My country's currency is the Lobe, an acronym for 'Loaf Of Bread Equivalent'. The government guarantees that 1 Lobe will always buy 1 loaf of '...
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7answers
3k views

What would be the best unit system in a medieval heroic fantasy world?

I was recently reading an medieval heroic fantasy book and I was disturbed by the usage of the metric system. Distances, heights were expressed in meters and it reminded me advanced civilization and ...
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4answers
3k views

Medieval Setting - Castles Per Capita

I'm creating an rpg medieval setting, and I want it to feel pretty real. Castles make fun locales, so I'm trying to figure out how many castles I can plausibly cram into a 5,000 mi² region. The ...
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5answers
2k views

How could giant intelligent creatures afford to live in a human-majority civilisation?

Fantasy settings frequently include giants or dragons or similar creatures with human-like or superior intelligence who are also much larger than humans, and weigh many tons. If our giants or dragons ...
18
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4answers
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The Information Desk provides all sorts of Information; how did it work?

I am wanting to build a world with a strong retail presence, and became interested in the Information Desk at Selfridge's. This was not the simple standard store information desk, where you ask ...
18
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6answers
3k views

What if there was no coffee anymore?

Considering that 60% of U.S. coffee drinkers claim to need a cup of coffee to start their day and that people who are used to drinking one cup of coffee a day or more, can get withdrawal symptoms -- ...
18
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4answers
7k views

If no children were born for 40 years, what would be the social and economic impact after births resume?

This question by Andrea Jens considered a world in which a virus causes global infertility: no new children can be conceived. Now suppose that, after 40 years of complete global infertility, a cure ...
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4answers
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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 ...
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20answers
13k views

Could communism become a strong alternative to capitalism in the future? [closed]

From Marx, capitalism and communism are: From each according to his ability, to each according to his needs. From the Encyclopedia Britannica: Communism, the political and economic doctrine that ...
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19answers
4k views

Can an interstellar war be remunerative from an economic point of view?

I was thinking about writing a short story about an interstellar war, but there is something that does not leave me rested: My invaders (the race of the protagonist) would start the war against a ...
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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 ...
17
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10answers
2k views

Export economy of Mars

So Mars has been colonised and is mostly self-sufficient (food,water, construction etc). (We finally managed to create a back up humanity! Whew!) Ok now Mars is looking to create an export economy ...
17
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4answers
2k views

The entrepreneurial Necromancer

Take your typical Necromancer- able to raise/control/talk to corpses, summon/bind ghosts, wither an organism- things that revolve around 'death' as a theme, as opposed to manipulating life/death ...
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4answers
1k 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 ...
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18answers
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How to justify powerful magic items being for sale in a high-magic world?

In the world of Heroes of Might and Magic powerful artifacts are a (relatively) common quest reward. And by "powerful" I mean powerful, something that can turn a would-be catastrophic defeat into a ...
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10answers
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Imagining a Solar-Powered Economy

For a writing challenge, I'm trying to create a near-future world (2030 or so) where the major Western nations have transitioned to a fully solar economy. Hence the rub. The realist in me is aware of ...
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5answers
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How would an isolated village in low magic setting develop an economy beyond bartering?

I'm working on a setting where a settlement was established by about 350 people. These were from a medieval civilization, but have been cut off due to various reasons and had settled on the coast of a ...
16
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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 ...
16
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7answers
2k views

Teleportation travel without globalization

The premise is a low-tech world such as Earth prior to 1600 CE but with a fixed number of magical/technological teleportation portal pairs scattered across the world. Each portal only takes travelers ...
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3answers
2k views

How Can I Keep an Economy Stable Using Food as Currency?

I am creating a world where the currency (the only currency) is tablets that dissolve in water to create food. Each tablet provides all of the nutritional needs for an average adult for one day. The ...
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5answers
2k views

Development of society with random encounters

A staple of many games is the existence of random encounters - while traveling from point A to point B, the heroes are attack by bandits/wild animals/monsters/whatever. When defeated, the enemies will ...
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5answers
409 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 ...
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15answers
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Fastest way for an invincible young immortal to make $1 million USD?

So, I gave a $100 bill to a homeless person a few months ago who gave me "God's blessings" in return. Apparently, that conveyed immortality and invincibility upon me as I no longer age (I think) and ...
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12answers
5k views

How cheap do prosthetics have to be for poor people to afford them?

A common sight that can be seen in Sci-fi is the sheer amount of people who have prosthetic limbs. Even characters who are apparently live in conditions implying they are poor are somehow able to buy ...
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7answers
5k views

Countries with a limit on how much money people can spend in a year

A world similar to ours, but all countries have the following law: Each individual person is allowed to spend no more than a fixed amount of money every year ("fixed" in the sense that it is equal for ...
15
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8answers
4k views

If the world were seriously threatened, what would happen to the economy?

Imagine a world exactly like Earth, complete with humans and all. The scientists of this world suddenly discover that, unless drastic measures are taken, all life on Earth will be eradicated. However, ...
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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 ...
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7answers
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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 ...
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9answers
2k views

Wealth of an island-castle

In a feudal kingdom, a knight was granted a small island in the middle of a large river by the king. The island is only about 700 square meters. The island is too small to have any significant ...
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14answers
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If time-travellers always arrive naked how and what would they trade?

In the Terminator movies, time travellers arrive naked and then steal clothes and other items from the locals. In my society this is also true. However they can carry some things internally in the ...
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4answers
1k views

Reasonable size of a sci-fi game planetary system

I have developed a 2D space trading game, yet in the final stage of the development of the game engine, I am struggling to find the optimal size of my planetary system(s) and the maximum velocity of ...
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8answers
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Can humanity peacefully coexist with this type of ghosts? [closed]

Imagine the modern society, except all dead people spawned ghosts upon death. The ghost of the dead inherits memory and personality of its past living self, appear as translucent wraiths that can ...
14
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5answers
4k views

Consequences of the shift to a post-scarcity society

I have a basic idea for a world that I am fleshing out. Basically a dystopian future based on minimal, if any, resource scarcity. This sort of society was addressed humorously in a Cracked After Hours ...
14
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4answers
2k views

The deep space mining dilemma

To go to space and mine asteroids is expensive, but it is known that meteorites contain rare minerals in the core that are easy accessible because of the smaller diameter. The expensive material that ...
14
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6answers
2k views

How to make the most wealth out of a single “Groundhogday Potion”?

Pennyless Joe, the broke archeologist, finds an old pawn shop selling something curious. A ceramic vial labeled "Groundhog Day Potion". It's a bargain for $1.99. (He buys it, because he is not quite ...
14
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3answers
2k views

The debt of a middle-ages kingdom

My setting is low-fantasy (weird stuff happens sometimes, but it's rare enough not to have a real impact on everyday life). It focuses on a specific kingdom. This kingdom is supposed to be a typical ...
14
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7answers
1k views

What would a society of carnivores be like?

Suppose a species of carnivores had evolved to the point of human-like sapience. How different would their society be in comparison to human society, in terms of agriculture (if any), food production,...
14
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8answers
1k views

When will uploaded minds be a reality?

The Premise Setting a near-ish future world, where people live a full life and then upload their minds into different hardware and continue on. Setting a timeline for this, when (what year) are we ...
13
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10answers
4k views

What would be the effects of (relatively) widespread precognition on the stock market?

I am working on a story in which around 1% of the world population has at least some semblance of a metahuman ability. Many metahuman abilities are advantageous in traditional employment, and I ...
13
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9answers
3k views

What trade goods would spacers be able to offer Earthlings?

Background Moonshot entrepreneur Elon Branson funds a migration to space. Instead of spending billions of developing safe space technology, he instead finds volunteers and shoots them in to space ...
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7answers
1k views

In what kind of element should aliens pay us? [closed]

I have a situation where aliens need to pay Earth for something, they don't want to share their technology but they offer any naturally occurring chemical element. Assuming that we'll get 10,000 ...
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 ...
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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 ...
13
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6answers
3k views

Can gold destroy the economy?

If someone successfully located and mined all the remaining unmined gold on Earth and released it into the global economy within one day how bad would the inflation be? If the inflation isn't much ...
13
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8answers
1k views

Economic Effects of 'The Rift'

This is going to require some explanation to set up, as I have been working on this world for a while. The world is an isolated alternate dimension (no stars in the sky) that contains a bizarre ...
13
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5answers
782 views

Can porcelain be “reforged”?

With metals you can take something you don't like, melt it down and use the metal for something else. My question is, can the same be done with porcelain? In my fantasy world, metals like gold, ...
13
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4answers
459 views

Consequences of a Dragon's Hoard

In every fantasy setting, dragons are famous for their massive hoards of treasure. But the economic consequences of money suddenly disappearing from circulation are never really addressed. Smaug, for ...
13
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3answers
611 views

Trade between humans and underwater fish people

In my high fantasy medieval world, the ocean is populated by underwater fish people and land dominated by your good old human. Different type of fish people (shark, whale, turtle, shellfish, etc.) ...
13
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4answers
641 views

Will asteroid mining be economical in foreseeable future?

I see that asteroid mining had already been extensively discussed in the context of today's technology (Ex. Is Asteroid Harvesting economic?) and the answer is a definitive "No" - it's not economical ...