#supplyanddemand — Public Fediverse posts

Jason Fantl wants to turn your #RPG into an #Economics 101 lecture, because who needs dragons when you can have supply and demand curves? 🤔🧙‍♂️ It's basically a 7-minute love letter to the idea that pixelated wheat prices should haunt your gaming dreams. 🌾💸
https://jasonfantl.com/posts/Simulated-Economy-(1)/ #SupplyAndDemand #GamingInsights #PixelatedWheat #FantasyMeetsReality #HackerNews #ngated

... people’s needs — food, shelter, water, transportation — are not always explicitly connected to energy, and even when they are, there are ways to dramatically reduce the amount of energy required to meet them.
That conclusion contradicted several decades of economic theory that suggested that increased energy use and, by extension, increased consumption would always equate to a longer lifespan and improved quality of life.

“Fossil fuel use does not contribute significantly to improvements in life expectancy.”