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YoVille Economics

by Dan Robles on November 21, 2009

yocashI am amazed at how many of my friends say that they do not understand economics – then I visit their facebook page only to find all the trappings of advanced economic theory.  Economics is the science of incentives and currency is the medium of exchange.  I posted the following article about the basics of YoVille currency because you can almost exchange the words “YoCoins” and “YoCash”  for any real-world description of money.

YoCoins is analogous to cash, YoCash is analogous to most common financial instruments, and the “offers and surveys” is analogous to what we have come to call Modern Capitalism.  All incentives are in place to keep the player playing and playing and playing…..


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