Economies of Scale is a free, web-based multiplayer business/commerce simulation game under development by Scott Rubyton (aka Ratan Joyce). Players use starting capital to build production/wholesale/retail businesses from the ground up in a basic economic model, competing for market share while collaborating through business-to-business trading of goods and materials. It's more fun than getting an MBA! Also much less expensive. [more inside]
Following the recent preciptious downturn in the US banking sector, a compromise draft bill is going to a vote in Congress today. The text of the bill [110-page pdf]; The Wall Street Journal's summary of the bill; an open-for-comments public analysis of the bill at publicmarkup.org. Some questions answered and unhappy acceptance from economist and NYT columnist Paul Krugman; a strenuous rejection from Nouriel Roubini; via same, an IMF study of 42 banking crises from 1970 through 2007; further criticism from Nomi Prins for Mother Jones.
Better living through Smallistry at Smallist. Gadgets, spaces, beverages, fetishes: ultra-niche blogging at its finest. [via mefi projects]