Matthew McCaffrey's Member Blogs
The bottom line is that there isn’t an economic or ethical case for regulating disclosure between influencers and their sponsors. In fact, economics and ethics each offer powerful arguments against regulation.
There’s a popular misconception that giving tax breaks to industries is the same as subsidizing them. Sadly, like many economic myths, this one just won’t die.
We can often trace the troubles in gaming to regulatory policies. However, tax breaks are actually a good thing for the industry. Instead, the real regulatory threat comes from intellectual property law.
Capitalism is ruining video games. So says Lorne Lanning, creator of the Oddworld series, who has sparked controversy by blasting economic developments in the gaming industry.
In the last few years, there has been an explosion of interest in the economics of the video game industry, and especially in the digital economies that emerge within games.
It wasn’t so long ago that the idea of an “in-game economy” was little more than a hopeful metaphor, but today, many games feature intricate and evolving marketplaces.
Gaming culture is a vibrant new arena of action where sound economic ideas have a real chance to take hold. There is already much discussion about how in-game economies emerge and evolve. But games incorporate economics at even more basic levels.
[Previous Matthew McCaffrey Blogs]