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Most people reading this will have at least heard of Gresham's Law: https://en.wikipedia.org/wiki/Gresham's_law TL;DR in the time of METAL IS MONEY, your money varied widely in value. Once you set a price on something, you'd then have to sit down and negotiate the value of the money that you were paying with. Thanks to the debasement of currency being well nigh universal, coins varied hugely in value, apart from their face value. This lead to people holding onto the good coins in case of a rainy day, while providing an incentive to spend the more grotty coins if they could. You can read the wikipeida if you want, but Gresham made his observation after England (having at the time a hilariously terrible currency) minted a bunch of new coins only to see them vanish from circulation. Everybody kept on spending the bad coins while hoarding the good ones. So, maybe posts are the same way? When new threads are made constantly, the incentive for effort post declines, to the point that new threads can only be single line joke threads or parodies of threads immediately above them. Any effort greater than that gets lost in the flow of new threads and is quickly buried, reinforcing the tendency of low effort posting. This thread is for your own personal economic thoughts. NO ARGUING ABOUT
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Jan 16, 2017 23:48
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I think thats untrue. I put even more effort into my posts now.
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Jan 17, 2017 00:05
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The analogy only holds if I'm hoarding all my good posts OP. Alternatively: Fiat posting is the way forward
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Jan 17, 2017 00:25
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yes i will withhold my great effortposts like an embedded gif of giant words
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Jan 17, 2017 03:55
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Jan 17, 2017 03:56
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its whats for dinner
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Jan 17, 2017 03:58
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Economics is not a science and never will be
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Jan 17, 2017 04:08
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please rank it wrt scientificness on a continuum w the immortal science of marxism-leninism and the sweet science of boxing
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Jan 17, 2017 04:11
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im a guy who has a lot of opinions about posting, but i mostly keep them 2 myself
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Jan 17, 2017 04:12
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Squizzle posted:please rank it wrt scientificness on a continuum w the immortal science of marxism-leninism and the sweet science of boxing it rates as the dismal science
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Jan 17, 2017 04:18
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5'd and goldmine this
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Jan 17, 2017 04:21
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Economics is not a science because I'm looking at this and I'm thinking "does this prove my point, or...?"
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Jan 17, 2017 04:37
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it's a free country
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Jan 17, 2017 05:37
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balance in all things~
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Jan 17, 2017 05:37
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Yea but OP, a post is the gift that keeps on giving. A post does you no good withering away inside your brain, it is communication, living words that yearn to be shared with the world. Truly like the fabled magic penny of my kinder years, the more you give away... the more you get
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Jan 17, 2017 21:01
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Nebakenezzer posted:Most people reading this will have at least heard of Gresham's Law: 
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Jan 17, 2017 21:03
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Aryu Kiddimeh posted:Yea but OP, a post is the gift that keeps on giving. A post does you no good withering away inside your brain, it is communication, living words that yearn to be shared with the world. Truly like the fabled magic penny of my kinder years, the more you give away... the more you get I was one of like five people posting in the paranormal subforum, [SHOUTOUT: Duckbag, the ghost posters] so perhaps I'm just cynical On the other hand, I guess this means I have to finish the satirical John Ringo-fiction I've started
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Jan 17, 2017 21:32
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we are a rainbow subforum at peace with itself and the world...
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Jan 17, 2017 21:34
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rudatron posted:Economics is not a science and never will be Well I'm not sure anybody would care about "Gresham's rule, Gresham's guess, Gresham's pretty good hypothesis" Only if it had a name sharp and edgy, like "Occam's Razor"
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Jan 18, 2017 19:59
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GlyphGryph posted:I think thats untrue. I put even more effort into my posts now. same, but the opposite
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Jan 18, 2017 20:14
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rudatron posted:Economics is not a science and never will be I'm a tom cruise level proponent of this , gently caress economics, economists, economies, hmm let's see just spitballin here Econormies Ecucknomics Econopissts
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Jan 18, 2017 20:16
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this assumes i have good posts im hoarding and bruv lemme tell you i don't
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Jan 18, 2017 20:30
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posting cant drive... SIXTY NIIIIIIIIINEEE
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Jan 18, 2017 22:20
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