{"id":3638,"date":"2010-01-28T16:41:18","date_gmt":"2010-01-28T16:41:18","guid":{"rendered":"http:\/\/granades.com\/?p=3638"},"modified":"2010-01-28T16:41:18","modified_gmt":"2010-01-28T16:41:18","slug":"thoughts-on-the-state-of-the-union-address","status":"publish","type":"post","link":"https:\/\/granades.com\/?p=3638","title":{"rendered":"Thoughts on the State of the Union Address"},"content":{"rendered":"<p>There&#8217;s a lot I don&#8217;t understand about the economy depicted in <a href=\"http:\/\/en.wikipedia.org\/wiki\/Fallout_3\">Fallout 3<\/a>. The game is set in a post-apocalyptic wasteland near Washington, DC some 200 years after a nuclear war between the US and China. There&#8217;s no central government, so you have a bunch of individual settlements and scavengers who wander between them. It&#8217;s a perfect example of Adam Smith&#8217;s Invisible Mutated Hand.<\/p>\n<p>Except the law of supply and demand doesn&#8217;t appear to work. I&#8217;ve accumulated tremendous amounts of junk over ten hours of play (approximately 0.001% of the game). I&#8217;ve flooded the market with scrap metal and lunchboxes and toy cars, yet the price hasn&#8217;t collapsed. At this point I should be paying people to take them off of my hands.<\/p>\n<p>Worse, every vendor and shopkeeper offers me the same prices for my scavenged loot. There&#8217;s no arbitrage possible, and no recognition that some communities might find water scarce while others need food. I can only assume that the world of Fallout 3 isn&#8217;t really a libertarian&#8217;s wet dream. Either there&#8217;s a secret monopolistic group setting world prices or in reality there&#8217;s a cabal that&#8217;s organized everyone into a command economy.<\/p>\n<p>Speaking of food, no one seems to be growing any. There&#8217;s never any rain, either. I assume everyone&#8217;s living off of 200-year-old boxes of irradiated Dandy Boy Apples and Salisbury Steak.<\/p>\n<p>Oh, right, Obama&#8217;s State of the Union address. Most everything of interest had already been leaked, and the speech covered the expected themes: economy, energy, and bipartisanship. I wasn&#8217;t expecting his comments on Don&#8217;t Ask, Don&#8217;t Tell; I thought he&#8217;d all but abandoned his drive to repeal it. Other than that, though, it all comes down to follow-through. It was a fine speech delivered well, but I&#8217;m more interested in what the government does than what it says.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There&#8217;s a lot I don&#8217;t understand about the economy depicted in Fallout 3. The game is set in a post-apocalyptic wasteland near Washington, DC some 200 years after a nuclear war between the US and China. There&#8217;s no central government, so you have a bunch of individual settlements and scavengers who wander between them. It&#8217;s &hellip; <a href=\"https:\/\/granades.com\/?p=3638\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Thoughts on the State of the Union Address<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-3638","post","type-post","status-publish","format-standard","hentry"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.0.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"There&#039;s a lot I don&#039;t understand about the economy depicted in Fallout 3. 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