Questions tagged [economy]

For questions regarding wealth, trade, or financial concepts.

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9
votes
4answers
882 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 ...
9
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2answers
589 views

How long could scavenging be economically feasible in the post apocalyptic world?

So, the world has come down to a crashing halt. Nukes rain down from the sky, after the Cold War finally became a Hot War. Now, humanity is left with a wasteland. After the big one, cities have been ...
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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/...
9
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2answers
556 views

The end of sleep

In the year 2041, scientists have come up with a genetic modification that obviates the need for sleep in humans. The procedure is harmless, cheap, and has no harmful side effects. The result: you get ...
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9answers
7k views

Using fire as currency?

Long ago, modern humans died off. Only a few people remained, and they made all sorts of GMO plants, like moss that grows extremely quickly and can be dried into flour. Houses are made out of wood......
8
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9answers
864 views

How can a revolution occur if the leadership class is indestructible?

In the future, a globalized economy gradually stitches the various governments of the world together into a single federation. The richest and most powerful of each state and economy entrench their ...
8
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9answers
980 views

Are there any good uses for infinite grass and potatoes

Based off a previous question of mine here, concerning how a rapid growing weed-like grasstato, which is grass above ground, and potato underground, and how if there was infinite food for people in a ...
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12answers
2k views

Making people accept their new robot overlord

So, it's happened. We have a robot overlord who follows the 3 Laws of Robotics + the Zeroth Law of Robotics. How we got such a thing or the process by which it makes its decisions is outside this ...
8
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11answers
2k views

Favor based economy

I was reading "The Long Earth" and one of the recurring themes was that there was no apparent scarcity. Plenty for everyone spread out across infinite earths. Now I have asked and read several ...
8
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6answers
934 views

What to invest in when money and the economy vanish

In this scenario, the character is, as the only person, aware that in a few days the whole world economy will fall apart. He is likely to lose his home and probably has to flee to another country ...
8
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8answers
552 views

Magic VS Tech in manufacturing efficiency

Assuming you had two cities, one of them an average real world City, and the other identical in every way, except that it's technology cannot advance beyond steam power (Cannot use combustion engines, ...
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5answers
2k views

What substances would be really valuable if transmuting material printers would exist?

Far Future. Almost every household has a 'fabber'. You put raw materials in it (can be almost anything) and it does what you program it to do. It transmutes the raw materials into what is needed. Then ...
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7answers
1k views

How can the President of the United States make a lot of money without doing anything illegal or bad to his reputation? [closed]

So the next next President of the USA has just got in his position, and by electoral estimates and the power of the status quo maintenance, he knows that he will win his re-election, so he is sure ...
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8answers
1k views

Economy in Mirror-Worlds

Imagine a world as we know it. People go about their daily business, working to earn money to spend to be happier. Politicians lying about the same things to get votes to get more power. Wars ...
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6answers
336 views

How would crowdfunding work in a medieval fantasy setting?

For context of the setting, numerous fairly large cities serve as the seats of regional feudal governments in a stable, prosperous kingdom. There are a lot of commerce in the cities, and merchants ...
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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 ...
8
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3answers
262 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 (...
8
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4answers
413 views

Is a political union the only union that allows one country to be another's guarantor?

Editing this question to word it better. I don't know if it's a unique dilemma or a silly premise, but it looks like I need more guidance than I thought. I'm not a history buff and kingdom/state ...
8
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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 ...
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5answers
1k views

How could a libertarian-minded galactic government be structured?

Similar to this question, but on the galactic scale: What would life be like for the common people on a libertarian planet? My specific questions: - How could a libertarian-minded galactic ...
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5answers
778 views

Help with designing currency

Imagine Europe around 1810. Imagine the Netherlands. Imagine that it is the colonial age. Imagine also that the colonies are mostly under open rebellion. Imagine that the region of Netherlands (...
8
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2answers
679 views

How should the Magic market be regulated?

Context Wizards built a civilization on a barren planet. More details here. Magic Batteries The population of the planet is between two and four million wizards, but not all of them are born equal. ...
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3answers
967 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 ...
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3answers
257 views

Which moon is most favourable as a refuelling station?

My hypothetical gas giant has five major moons. Three of those moons are icy bodies with abundant water ice and volatiles. Any of these could provide fuel for translunar spacecraft, or for spacecraft ...
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6answers
652 views

Economic feasibility of RTGs for base power

A radiothermal generator uses the heat produced by radioactive decay of the radioisotopes contained to generate electricity. The main difference with nuclear reactors is that there is no "reaction", ...
8
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5answers
574 views

How would the economy of a city whose parent nation was destroyed support itself?

A group of people secede from a country, form their own, and gain many allies. Their allies and their original country's allies start fighting a worldwide war. (Fantasy setting, by the way.) A small ...
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7answers
840 views

Could a sedentary civilization prosper without agriculture?

In my world there are this people that live in a great jungle. They are as advanced as the other civilizations of the world (late medieval standards) with a complex society, work specialization, ...
8
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1answer
427 views

Why might businesses fail in a renaissance/magical mountain city?

I have a city built on the peak of a 3 km-high mountain that moves from place to place on a daily basis, the whole mountain appearing in a new place each dawn. Typically, the place in which it appears ...
8
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4answers
255 views

How would dragons, griffins, and thunderbirds affect travel and trade?

It is medieval times, and mythical creatures aren't so mythical. About half of all mountain lions are griffins, which use their wings to glide over rough terrain. Dragons dwell on mountain peaks, or ...
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2answers
223 views

How to plausibly build a worldwide oligopoly regarding pretty much all areas?

I'm designing a story where I'm taking current situations and trends such as market and cultural globalization, massive state debt and constant corporate mergers to a semi-dystopian extreme in order ...
8
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1answer
373 views

Problems of a failing economy?

I'm writing fan-fiction for the superhero serial novel Worm. The main setting in Worm is Brockton Bay, a failing city of about 300,000 people. The economy has been in decline since the decline of ...
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8answers
2k views

How would a lawless city function economically?

Background: Say there is a country that is ruled by a king, medieval era style. It rules over several cities and towns, maintaining control with a national guard. Now let's say within the boundaries ...
7
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13answers
748 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 ...
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10answers
947 views

Are there any real reasons for interstellar conquest?

Let me preface this by saying I've already finished the piece this question is about but I'm wondering if I missed something in my logic so I want to see if there's something you see that I didn't. ...
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7answers
1k views

Get rich quick with time travel! [closed]

The Rewinders are back! Background An almost-comprehensive description of the Rewind mechanic can be found in this question, and an extensive case study can be found in my self-answer to the same. ...
7
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3answers
2k views

My earth changing invention: How can I hire the people I need?

Ok then! I've got a machine that can transmute matter to energy, I've got a small-medium sized company that I can use to hide my activities, and I've got a terrible fear of anyone discovering my ...
7
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7answers
904 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 ...
7
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7answers
537 views

What materials would we need to have melee weapons and body armor become the norm?

In a hypothetical scenario humans have discovered a new material that is decently expensive (not antimatter levels). Let's say it's slightly cheaper than gold. What properties would it need to have to ...
7
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5answers
571 views

Average Joe crashing the stock market

Average Joe lost his job today because the company he used to work for moved to China. As a retaliation, he wants to destroy the economic system/or just destroy the wealth of the company by crashing ...
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7answers
2k views

What happens to car repair once everybody has autonomous cars?

In the last few years there have been major improvements in the area of autonomy of the car: Mercedes, Google, etc. Driverless cars are less prone to accidents and such but the car repair industry ...
7
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13answers
2k views

How realistic is a future aristocracy?

Let us make a few assumptions about how advanced countries develop over the next 50-100 years. These assumptions are endlessly debatable and controversial, but are static for the purposes of this ...
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4answers
1k views

How would corporations look like if the conglomerates are banned? [closed]

I want to have a setting where legal system allows stocks to be owned only by the individuals. Meaning Joe could own stocks at Acme corporation, but LexCorp can't own stocks in Acme corporation. If ...
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5answers
1k views

How to construct a magic-based currency?

In this system, rather than purely bartering or using a representative currency, most people would use blessings, a collection of coins (bits), banknotes (clips), and virtual currency (surges) that ...
7
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10answers
765 views

How to make crime literally not pay?

The idea is that the government can (or wants its constituents/subjects to think it can) not only monitor currency so it's always aware when money is acquired through theft, extortion, selling of ...
7
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5answers
228 views

Backing Futuristic “Credits” with Energy?

A lot of worldbuilders that I know and have spoken too, insist that unbacked currencies and items with constantly changing values would be what the economy is based on. I, however, am skeptical of ...
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4answers
450 views

Does military conflict between commercial companies make sense?

In cyberpunk genre, we often see commercial companies (Big Scary Corporations) engaged in military conflict against each other. This can be seen in videogame "Syndicate" and other media, for example. ...
7
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5answers
336 views

How can I catch an asteroid?

I'm interested in asteroid mining, but don't have the infrastructure in place to process ores and the like in space. However, I've got a nice planet-based refinery setup where I could easily process ...
7
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6answers
2k views

City/country run by guilds

It's a staple in tabletop RPGs: "Long ago, the guilds ran everything, but then [insert event] made the people form a more centralized government". I want to make a medieval fantasy city-state ...
7
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7answers
482 views

Pegging currency to agrarian produce

Under the Bretton Woods system the US Dollar was fixed to gold. ($35 would get you an ounce of gold if you were there.). This obviously created problems when gold became rarer and rarer; the American ...
7
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5answers
746 views

Would geographical borders exist in a near-future world ruled by corporations instead of nation-states?

Following on from my previous question, where we brainstormed the events that might lead up to such a hellish world, I've been thinking over what the social structures and divisions of power might be ...