Shattered Kingdoms

That hauberk I sold barely pays for one bag of berries. And I need 2 of those to be 'full'!

Like I said, go to Exile. A roll of tongue if I remember is pretty cheap and fills a human up with just one...I -think-. A giant needs four of them, so it might take two rolls for a human as well, but still, they are pretty cheap.

I probably shouldn't be giving away this information because I know the price of tongues are going to skyrocket now.

The problem with adjusting prices is that the suffering, mechanically speaking, isn't visited on the transaction, but rather, on the next one.



Now, if haggle removes the markup, instead of just a portion of the inflated price, that's another story. But somehow I doubt it does.

It doesn't.

And the suffering is visited on both the current transaction and the next one as well.

You can start buying low quality vials at 7 gold, and by the time you've got any kind of decent supply, they're up well beyond 2.5 plat per vial.

One school began in the late 1940s with Milton Friedman. Instead of rejecting macro-measurements and macro-models of the economy, the monetarist school embraced the techniques of treating the entire economy as having a supply and demand equilibrium. However, because of Irving Fisher's equation of exchange, they regarded inflation as solely being due to the variations in the money supply, rather than as being a consequence of aggregate demand. They argued that the "crowding out" effects discussed above would hobble or deprive fiscal policy of its positive effect. Instead, the focus should be on monetary policy, which was considered ineffective by early Keynesians.

Monetarism had an ideological as well as a practical appeal: monetary policy does not, at least on the surface, imply as much government intervention in the economy as other measures. The monetarist critique pushed Keynesians toward a more balanced view of monetary policy, and inspired a wave of revisions to Keynesian theory.

Historian David Hackett Fischer, in his study The Great Wave, questioned the implicit basis of monetarism by examining long periods of secular inflation that stretched over decades. In doing so, he produced data which suggest that prior to a wave of monetary inflation, there is a wave of commodity inflation, which governments respond to, rather than lead.

Monetarists of the Milton Friedman school of thought believed in the 1970s and 1980s that the growth of the money supply should be based on certain formulations related to economic growth. As such, they can be regarded as advocates of a monetary policy based on a "quantity of money" target. This can be contrasted with the monetary policy advocated by supply side economics and the Austrian School which are based on a "value of money" target (albeit from different ends of the formula). Austrian economists criticize monetarism for not recognizing the citizens' subjective value of money and trying to create an objective value through supply and demand.

Austrian School principles advocate strict adherence to methodological individualism – analyzing human action exclusively from the perspective of an individual agent. Austrian economists also argue that mathematical models and statistics are an unreliable means of analyzing and testing economic theory, and advocate deriving economic theory logically from basic principles of human action, a method called praxeology. Additionally, whereas experimental research and natural experiments are often used in mainstream economics, Austrian economists contend that testability in economics is virtually impossible since it relies on human actors who cannot be placed in a lab setting without altering their would-be actions.

Austrian School economists generally hold that the complexity of human behavior makes mathematical modeling of an evolving market extremely difficult (or undecidable) and advocate a laissez faire approach to the economy. They advocate the strict enforcement of voluntary contractual agreements between economic agents, and hold that commercial transactions should be subject to the smallest possible imposition of coercive forces. In particular, they argue for an extremely limited role for government and the smallest possible amount of government intervention in the economy, especially in the area of money production (advocating instead a commodity money system).

Commodity money is money whose value comes from a commodity out of which it is made. It is objects that have value in themselves as well as for use as money. Since payment by commodity generally provides a useful good, commodity money is similar to barter, but is distinguishable from it in having a single recognized unit of exchange.

I vote in favor of a billion obsidian bailout.

Bulk discounts would be nice (I'm all for them) but they won't be sufficient to fix the SK economic system.

I disagree with grep that SK is replicating real failing economies. There are important components to real economies that are glaringly absent from SK (such as an increase in suppliers when prices spike) that make the whole thing not work.

Also, I need to test this, but I think if you sell about 20 of the same item to a shopkeeper, the price he pays for them goes down but the price he charges for them stays the same. This makes no sense.

First point: It wouldn't be a total fix, but it would mitigate the impact of leaving gaping holes in the accounting for economic fluctuations.

Second point: You're right, no testing required.

So, we should model SK's economy on a modern one instead of say, those in medieval times?

Zhenshi is to big to fail