While We Wait: Part 5

I like that decay rate idea, kind of. But then again, I'm only in Econ 103.

Oh, by the way, plug: I just started another alternate history. Installment 1 is waiting in the alternate history thread. So far I've only really posted the PoD, as well as an arseload of background, but it'd be great to get some readership, comments, questions, and so forth. Perhaps absurd speculation on the direction it'll go in...;)
 
To take that out of economist lingo: at some point, mods should stop rewarding spending on the economy with more spending and actually decrease the amount you can spend.
Click to expand...

Crippling maintenance fees! Crippling maintenance fees! :p

Also, see Masada's thread for Malthusian awesomeness.
 
Here's a fun solution...

Except my maths is failing me atm

Just plot an exponential curve that slows down and flattens out towards the top, or even becomes asymptotic to the X axis. You can adjust the Y value up simulating a growth in technology, or productivity.

Have X = IC invested
Y=Technology or productivity etc.

That should sort it out.

And no I can't for the life of me remeber what the graphs/formula's name I'm thinking of is...
 
Marginal Gain from Investment = k ( 1 - ( Past Investment / Economic Base ) ) perhaps for a simpler system?

Where 'Economic Base' is some amalgam of population, productivity, resources, and technological development, and advancing a technological age converts your Past Investment into Economic Base resetting the system.
 
Yay 20,000 :D :king: :dance: :etc:
 
But income and economic growth aren't directly related. People always assume that an increase in economic growth will naturally translate into an increase in income, but without a rise in taxation that isn't necessarily true.

Direct investment schemes are very post-industrial. I don't think a realistic NES should allow direct government investment in the economy in a setting where it just doesn't make sense. What pre-industrial governments DO have control over, however, is the tax rate, and trade policy.
 
The funny thing about the tax rate is that control is not really all that absolute either, since if you go by the bureaucratic path you get corruption, and if you decide to introduce tax farming, well, you can imagine how well that would go in the long term. A lot of money might not quite reach you, and taxes might end up much more severe and crippling than you would have wanted for some strange reason.
 
I realize this is nothing compared to the Ural Mountains or anything, but it is truly weird for it to be snowing anywhere in Virginia in October, and yet it is...in Blacksburg...

:confused:
 
Dachspmg said:
I realize this is nothing compared to the Ural Mountains or anything, but it is truly weird for it to be snowing anywhere in Virginia in October, and yet it is...in Blacksburg...

:confused:
Click to expand...

Yeah something weird is going on, it started snowing heavily an hour ago. Snow, in London, in October, this is something which hasn't happened for at least 50 years.

Who built the weather machine? Own up now and we'll go easy on you!
 
Last year this time it was around 80 degree during the day, but this year is freezing. Global warming for the win?!
 
orangelex44 said:
How's this for irony: some scientists believe that we're actually heading into an ice age, and global warming may be the only thing that saves us from it.
Click to expand...

Global warming is also believed to trigger an iceage if you want things to get really complicated.
 
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