NVIDIA and Steam have joined up for a free giveaway! It’s simple really, all you have to do is use an NVIDIA video card on your computer, and you get four free games from Steam!
So do you have an NVIDIA card? Sweet, then click here to redeem your free games including:
Enjoy.
Tags: Free, games, nvidia, offers, steamWe return to Corporate America after running into a victim of its evil ways, but are attacked by a Corporate Native throughout the way.
Tags: comedy, Jungle Exploration, Outdoors, outside, Videos
[I'm a] PC Site has been following the currency system of Second Life, Linden Dollars, for some time now. The virtual currency is used to buy and sell real estate and accessories in the game, and is exchanged for roughly 250 per USD$1. Tyler Cowen, economics professor at George Mason University, has a post on the currency economics of Linden Dollars. First, for context, he writes: (links mine)
Free banking economists used to debate whether a private sector fiat currency could succeed. Hayek, in his Denationalisation of Money, said yes but most other people said no. The obvious problem is time inconsistency, namely that the fiat currency issuer will at some point inflate away its value to the seigniorage-maximizing margin, noting that such a margin changes with the passage of time and not necessarily in a favorable direction.
Id est, the currency issuer’s incentives are diametrically opposed to those of the currency user. However, as Linden Dollars are issued by the same entity that stands to profit from transactions in Second Life, this does not seem to be the case here. Cowen continues: (link his)
Who would have foreseen that maximizing income from “land” sales might check this outcome? I think of Linden Dollars as akin to legal tender currencies: you can’t buy anything in Second Life without them. Since the goods and services in Second Life have value the currency does too.
Who had expected that the next generation of private currency suppliers would make it work by, in God-like fashion, supplying accompanying worlds as well? What other problems can be solved this way? Or are Linden Dollars the next bubble waiting to burst?
I would point to evidence that the Second Life boom is liable to turn into bust to answer the last question, but the workability of Second Life in some respects does not preclude its unworkability in others.
Tags: economics, second life
Actual source is unknown, found this on a Facebook group with a bunch of people whining about gas prices. It says something at the top left, but if you can read that, you deserve a high-five.
Tags: economy, gasoline, moneyFinally got around to uploading the official Spherack Online 2 gameplay trailer. It’s 45MB, so for best results, we’d prefer if you’d use the “download” link, or play it through iTunes.
Here’s a quick demonstration of the new grenades in Spherack Reloaded. You can read more on them at the official Spherack Online Blog and learn more about the game. Also check the forum topic.
Tags: Freeware, games, Spherack Online, Spherack ReloadedHat tip Bob Murphy at Mises.org.
Tags: congress, economics, gaffes, oil, Politics, socialism
Everyone likes chewing gum, right? …well, except those without teeth, but for those who have a hatred for those machines that make getting gum a stressful task, this one’s for you.
Tags: Candy, food, gum, PodcastDress up as Indiana Jones and build a giant boulder that chases you down the streets of San Francisco, that’s what! I really want to meet these guys in person and give them like… a high-five.
Tags: comedy, indiana jones, lego, movies, Videos