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Why bother with economics at all?

Author
Brylan Grey
University of Caille
Gallente Federation
#41 - 2013-11-21 00:04:57 UTC
All the people I know that do industry stuff have tons of isk... But they spend a ton of time managing it etc.
Adunh Slavy
#42 - 2013-11-21 00:15:58 UTC
Psyue Mi wrote:

The game is no longer worth my time and efforts.



So, all in all, you are asking questions about opportunity cost, one of your ordinal wants being fun and enjoyment. So you are asking questions like an economist, so a bit curious title for your thread.

Perhaps you should ask if this is any longer fun and enjoyable and what might be fun and enjoyable instead of Eve, with your time, with your $15/month. If you find something better, do it and have fun, if not, enjoy what you have.

Either way, you have still bothered with economics, and that is the answer to your question.

Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.  - William Pitt

Silvetica Dian
Imperial Shipment
Amarr Empire
#43 - 2013-11-21 01:30:12 UTC
Psyue Mi wrote:
Why bother with science and trade and planetary management when its not worth the time you spend?

Invention is too expensive for the results you MAY get.

Why bother manufacturing objects when the cost to manufacture is just slightly below what you MAY get paid?

Why bother with planetary management when the customs offices remove any possibility of making a profit when spending the time?

With this latest r@pe (oh yeah, when all the supplies you had in the customs offices disappeared) of planetary supplies and materials, why would anyone bother to do anything but ship combat?

Really poor choices coming from the developers/management.

As a 6 year player, I'm just about done.

The game is no longer worth my time and efforts.


Funny i am not yet a year old and am making 700 mill a week from manufacturing and about 250 mill/week from PI (Pi on more than 1 account). i have just started inventing but so far is making a (small) profit. I am allergic to spreadsheets and generally make things i already have bpo's for as constant research = effort. I have to wonder how people can fail to find profit in these activities when i make so much with so low SP and so little effort.

Money at its root is a form of rationing. When the richest 85 people have as much wealth as the poorest 3.5 billion (50% of humanity) it is clear where the source of poverty is. http://www.theguardian.com/commentisfree/2014/jan/20/trickle-down-economics-broken-promise-richest-85

Ivan Krividus
Cold Lazarus Inc
The-Expanse
#44 - 2013-11-21 03:36:48 UTC
Psyue Mi wrote:


Invention is too expensive for the results you MAY get.

If you manufacture with the BPCs you make it will make you TONS of profit, as it costs far less than contract price per BPC, and even with a 50% success rate it would still cost less than the outrageous prices on contracts. I'vs seen people selling t2 BPCs where the cost of the BPC is more than the profit made by manufacturing off it...
Bruce Kemp
Suddenly taken over
#45 - 2013-11-21 05:58:03 UTC
Psyue Mi wrote:
Why bother with science and trade and planetary management when its not worth the time you spend?

Invention is too expensive for the results you MAY get.

Why bother manufacturing objects when the cost to manufacture is just slightly below what you MAY get paid?

Why bother with planetary management when the customs offices remove any possibility of making a profit when spending the time?

With this latest r@pe (oh yeah, when all the supplies you had in the customs offices disappeared) of planetary supplies and materials, why would anyone bother to do anything but ship combat?

Really poor choices coming from the developers/management.

As a 6 year player, I'm just about done.

The game is no longer worth my time and efforts.


I think you should try to discover PVP. Smile
Richard Ramlrez
Doomheim
#46 - 2013-11-21 08:14:25 UTC
YOU ARE PART OF THE REBEL ALLIANCE AND A TRAITOR! TAKE HIM AWAY!
Rakshasa Taisab
Sane Industries Inc.
#47 - 2013-11-21 08:18:08 UTC
Buy LOW sell LOWER.

Nyan

Lugalbandak
Doomheim
#48 - 2013-11-21 09:13:09 UTC
lol at esp the invention whine hahaha , god you pathetic , six years in high sec , thats okey if you ask me but dont whine about its high sec

The police horse is the only animal in the world that haz his male genitals on his back

Lugalbandak
Doomheim
#49 - 2013-11-21 09:14:35 UTC
Psyue Mi wrote:
Why bother with science and trade and planetary management when its not worth the time you spend?

Invention is too expensive for the results you MAY get.

Why bother manufacturing objects when the cost to manufacture is just slightly below what you MAY get paid?

Why bother with planetary management when the customs offices remove any possibility of making a profit when spending the time?

With this latest r@pe (oh yeah, when all the supplies you had in the customs offices disappeared) of planetary supplies and materials, why would anyone bother to do anything but ship combat?

Really poor choices coming from the developers/management.

As a 6 year player, I'm just about done.

The game is no longer worth my time and efforts.


oh yeah what bothers me , that after 3 pages you still not comment back , you should be forum banned

The police horse is the only animal in the world that haz his male genitals on his back

Mythrandier
Solace Corp
#50 - 2013-11-21 09:24:04 UTC  |  Edited by: Mythrandier
Lugalbandak wrote:


oh yeah what bothers me , that after 3 pages you still not comment back , you should be forum banned


This, coupled with the "invention is bad mkay" statement brings me to two possible conculsions.

A) This is a troll and at 3 pages so far, I have to give him a grudging 6/10 if that’s the case
B) The OP is monumentally stupid.

"In the beginning the Universe was created. This has made a lot of people very angry and been widely regarded as a bad move." -  D. Adams.

baltec1
Bat Country
Pandemic Horde
#51 - 2013-11-21 09:27:30 UTC
I tried invention once. Got some good runs on t2 guns without even knowing what I was doing.
Pak Narhoo
Splinter Foundation
#52 - 2013-11-21 10:34:33 UTC
Psyue Mi wrote:
With this latest r@pe (oh yeah, when all the supplies you had in the customs offices disappeared)


Wait, what? You're playing EVE for 6 years and you left your stuff in an insecure place other then a station and expected it to stay there? Shocked

The only one you should be angry with is you yourself. Lol

Kagura Nikon
Native Freshfood
Minmatar Republic
#53 - 2013-11-21 10:45:44 UTC
Psyue Mi wrote:
Why bother with science and trade and planetary management when its not worth the time you spend?

Invention is too expensive for the results you MAY get.

Why bother manufacturing objects when the cost to manufacture is just slightly below what you MAY get paid?

Why bother with planetary management when the customs offices remove any possibility of making a profit when spending the time?

With this latest r@pe (oh yeah, when all the supplies you had in the customs offices disappeared) of planetary supplies and materials, why would anyone bother to do anything but ship combat?

Really poor choices coming from the developers/management.

As a 6 year player, I'm just about done.

The game is no longer worth my time and efforts.



You realize that if they cuted your production costs by half.. the ONLy result would be the final value on market dropp9ign to half and you keeping roughly same profit?

That is just the result of so many people competing on a market Eve is a supreme proof that an economy of competition can do.

What eve lacks is a way for peopel to invest to get more efficient, like real research and improvment of your processes.

"If brute force does not solve your problem....  then you are  surely not using enough!"

Kaarous Aldurald
Black Hydra Consortium.
#54 - 2013-11-21 10:51:21 UTC
"Why bother with economics at all?"

Well, if you like money...

"Verily, I have often laughed at the weaklings who thought themselves good because they had no claws."

One of ours, ten of theirs.

Best Meltdown Ever.

embrel
BamBam Inc.
#55 - 2013-11-21 11:05:17 UTC
RAW23 wrote:

You also say trade is not worth the time! Trading is the single easiest route to isk in this game.


yeah, however, I still cannot decide what's worse: mining or trading. At least you can mine AFK.

so, I try to avoid both.
J'Poll
School of Applied Knowledge
Caldari State
#56 - 2013-11-21 11:53:29 UTC
Will not me missed

Personal channel: Crazy Dutch Guy

Help channel: Help chat - Reloaded

Public roams channels: RvB Ganked / Redemption Road / Spectre Fleet / Bombers bar / The Content Club

lollerwaffle
Tribal Liberation Force
Minmatar Republic
#57 - 2013-11-21 12:44:55 UTC
2/10

For getting as many replies as OP did
Slade Trillgon
Brutor Force Federated
#58 - 2013-11-21 13:12:43 UTC  |  Edited by: Slade Trillgon
Noriko Mai wrote:
It must be this youth obsession. After six years in EVE and still as clever as a noob coming from WoW. obama-not-bad.jpg



That same .jpg applies as well to people who think the problem with the US education system started with Obama. LMMFAO!
Jamwara DelCalicoe Ashley
New Eden Tech Support
#59 - 2013-11-21 13:20:51 UTC
Psyue Mi wrote:
Why bother with science and trade and planetary management when its not worth the time you spend?

Invention is too expensive for the results you MAY get.

Why bother manufacturing objects when the cost to manufacture is just slightly below what you MAY get paid?

Why bother with planetary management when the customs offices remove any possibility of making a profit when spending the time?

With this latest r@pe (oh yeah, when all the supplies you had in the customs offices disappeared) of planetary supplies and materials, why would anyone bother to do anything but ship combat?

Really poor choices coming from the developers/management.

As a 6 year player, I'm just about done.

The game is no longer worth my time and efforts.


I am going to attempt to address your questions line by line with the hopes that my keystrokes will not be wasted... ready? If invention does not work out to profit, perhaps you should do something like increase your fun/hr and allow the ISK to follow. Manufacturing can be a drain on the Wallet or immensely profitable - choose your blueprints and market wisely. PI is great passive income, period. It's sorta like free ISK/time assuming you can market the goods you harvest - if not, what have you lost? You mention ship combat as if that possibility is foreign to New Eden... a 6yr player should know better, honestly. You say the game is not worth your time... finally, what you actually meant to say with this post. What? Do not blame the market, destroyed POCOs or Industry for a lack of interest. Switch up your play style or buy PLEX and do whatever you wanna do.
Xavier Higdon
Science and Trade Institute
Caldari State
#60 - 2013-11-21 14:28:58 UTC
Slade Trillgon wrote:
Noriko Mai wrote:
It must be this youth obsession. After six years in EVE and still as clever as a noob coming from WoW. obama-not-bad.jpg



That same .jpg applies as well to people who think the problem with the US education system started with Obama. LMMFAO!


Wait... Did you just blame President Bush for the state of New Eden?