Valve recruits own in-house economist “to serve its gaming community better”


Oh god, they want ALL OUR MONEY. And they want to be terribly efficient at getting it. In an insightful post on the brand new Valve economy blog, Valve’s new in-house (and actually kinda famous in economist circles) Yanis Varoufakis has explained how we was approached by Gabe Newell to stop “running an emulator of you in my head”, and “to forge narratives and empirical knowledge that (a) transcend the border separating the ‘real’ from the digital economies, and (b) bring together lessons from the political economy of our gamers’ economies and from studying Valve’s very special (and fascinating) internal management structure.”

Yanis will be keeping a weekly economics blog. You can just tell that it’s going to be brilliant.