economic-stimulus
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Lost Pages of Taborea: Fixing the economy
I've got one more article concerning the current state of Runes of Magic's economy. To round out my trilogy, I'm taking a look at actual fixes to what could be seen as a broken mechanic. If the current inflation is indeed seen as something that is broken and could quickly damage the playability in RoM, then the fixes would likely be band-aids. It would take too long to rework an entire system filled with thousands of items, each affecting the other. The fix would also need to be implemented quickly. That puts some limitations on our speculations. What does the fix need to concentrate on? The problem seems boil down to the excess amounts of gold that can be hoarded -- hundreds and hundreds of millions can be saved up. It's also possible for high-level, well-geared players to accumulate gold rather quickly. In this week's Lost Pages of Taborea, I want to take a look at gold sinks (including one Frogster is testing), gold-caps, and some other ways to tame the economy.
Gig. U hopes to bring Gigabit networks and straight cash, homey, to university communities
Familiar with Johnny Appleseed? He who traipsed 'round the country with a sack 'o seeds on his shoulder, planting trees hither and yon leaving apple orchards blooming in his wake? Gig. U is similar, only it's a project that aims to plant Gigabit networks in 29 collegiate communities to facilitate research, attract start-ups, and stimulate local economies. The plan is just getting underway, and the schools in question -- including Virginia Tech, the University of Hawaii, and the University of Alaska -- are asking private telcos and companies to help make their high-speed dreams a reality. In addition to benefiting the immediate areas, Gig. U sees these swift new networks functioning as hubs in a faster nationwide broadband system. The colleges claim that construction of these new information superhighways won't start for several years, so it'll be some time before they can help elevate us from our current state of broadband mediocrity. Chop, chop, guys.
EU sets aside €6.4b for research and innovation grants
For all its foibles, the European Union does fancy itself as quite the progressive supranational body and you need look no further than its gigantic €50.5 billion (to be spent between 2007 and 2013) R&D stimulus program for evidence. Over the next 14 months, the Euro bureau will distribute €6.4 billion to universities, SMEs (small and medium enterprises) and other research organizations that seek to pursue its stated goals. Those include tackling the problems of climate change, the Union's greying population, food and energy source security and sustainability, as well as more generic health and quality of life challenges. The primary goal is stated as "translating research into new technologies, products and services" -- in other words, less vaporware -- though we imagine the biggest justifier for this sizable injection de dinero will be the 165,000 new jobs that it's expected to create. Full PR after the break.
20% of US households will spend stimulus funds on consumer electronics
Forget income tax rebate checks -- what are you doing with that bonus that should be arriving between May and August of this year? Apparently, 1 in 5 of you will be spending at least a portion of your economic stimulus rebate check on consumer electronics. Granted, this "research" was dug up and put out by the Consumer Electronics Association, but all in all, it actually sounds about right. After all, shipments for flat-panels have already been on the rise this year despite a softening economy, and according to the CEA, "computers, televisions and mobile phones" are the items most likely to be targeted. More specifically, some 39-percent will purportedly use their extra income on a TV, but for their own sake, we certainly hope they set aside enough to purchase HD service to go along with it.[Image courtesy of Crutchfield]
