Questions tagged [economics]
A social science that looks at the distribution of wealth in a society and assumes that changes in supply and demand of a scarce resource may be reasonably predicted.
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Is there any canon indication that Galleons and Sickles are actually made of pure Gold and Silver?
A large number of questions and discussions on Wizarding economy seem to take it for granted that Galleons and Sickles are made of pure Gold and Silver respectively, but is there actually any ...
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What is the Economic system of the Potterverse?
The annual student intake of Hogwarts seems about 100. Since in book 7 Hogwarts is declared mandatory for all children, this means that the total magical population of Britain cannot be much more than ...
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One person constructs a building, another tears it down, unaware of each other
I heard a synopsis of this story in the early 2000s.
The story is set on a different world, one that has two suns. The suns may have been of different colour. While the first sun is up, the people ...
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Is Eureka a commune?
The town seems to be as economically isolated as it is in all other ways. The DOD funds Global Dynamics, but otherwise it would appear to be a money-less society: houses and businesses are built and ...
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In WALL•E, what kind of economy was used on the Axiom?
We never see any human do any kind of job on the Axiom, except for the Captain. However, on the 700th anniversary, the passengers all receive a free drink. Does that imply that they have to pay for ...
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Why was Conan freed by his former owner?
In Conan the Barbarian, the plot seems to have the following sequence:
Thulsa Doom destroys Conan's village and enslaves women and children.
Profit motive for the latter - he can sell the slaves.
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Why doesn't the huge difference between the muggle and wizard gold exchange rates get misused?
Why doesn't the huge difference between the muggle and wizard gold exchange rates lead to the collapse of the wizard economy?
We know, that 17 silver Sickles is worth a golden Galleon. However, in ...
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Are the wizard coins in the Harry Potter books international?
The Galleons, Sickles, and Knuts are described as the currency of wizards. I don't remember seeing anything about any other currency used by wizards. Is there such currency? Are Galleons, Sickles, and ...
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What is the reason for such a strange exchange rate in the wizard currency in Harry Potter?
There are 17 Sickles in a Galleon, and 29 Knuts in a Sickle. This seems very impractical, as both numbers are primes.
It might be an out-of-universe parody of how old muggle money was divided before ...
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When Ron broke his wand, why didn't he apply for Hogwarts financial aid?
We know, from Book Six, that Hogwarts has a financial aid for students in need. It's supposed to cover all expenses regarding materials and school supplies, so it certainly covers wands. So why didn't ...
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What prevents lower class Wizards from being upper class Wizards?
What prevents lower class Wizards from being upper class Wizards? For example, the many childrened Weasleys are looked down on by their "betters". Why can't they conjure a more comfortable standard of ...
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What Do the Gringotts Goblins Do With Muggle Money?
‘But you’re Muggles!’ said Mr Weasley delightedly. ‘We must have a drink! What’s that you’ve got there? Oh, you’re changing Muggle money. Molly, look!’ He pointed excitedly at the ten-pound notes in ...
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Why doesn't the Guild control CHOAM?
Given that the Guild controls all interstellar travel, why don't they entirely control CHOAM?
It's pretty clear that CHOAM is the basis of the wealth of the galactic nobility (beyond what is available ...
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Plutonium in currency?
Trying to think of where I read this - there was a society that put actual plutonium in the coinage, as a means to encourage people not to be too greedy; if one hoarded too many coins, they'd go ...
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How exactly did Forbes manage to estimate Lucius Malfoy's Net Worth?
Forbes lists Lucius Malfoy's Net Worth as 1.3Bn in "The Forbes Fictional 15" article.
How have they arrived at that #? I don't recall any estimates in the books of what his net worth is, in Gringotts ...
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