Timeline for Why would a space civ trade with a primitive civ?
Current License: CC BY-SA 4.0
8 events
| when toggle format | what | by | license | comment | |
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| Feb 22, 2023 at 3:03 | comment | added | Michael | @DanielSchepler yes | |
| Feb 21, 2023 at 23:20 | comment | added | Daniel Schepler | IIRC, doesn't zero economic profit still mean that a trader in this business would make a profit roughly equivalent to what they would have made investing in the galactic stock market through an index fund? | |
| Feb 21, 2023 at 21:20 | comment | added | o.m. | @Michael, not quite. The prices will adjust until there is an stable distribution of the benefits between the producers on either side and the merchants. In the end, the combined economic zone of the two worlds produces more total goods by specialization, and likely everybody gets some portion of the added wealth. Some more, some less. | |
| Feb 21, 2023 at 18:18 | comment | added | Michael | Also, if experience is any guide prices are eventually going to adjust until there is no more economic profit to be made by this trading setup. :'-( | |
| Feb 20, 2023 at 18:49 | history | edited | o.m. | CC BY-SA 4.0 |
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| Feb 20, 2023 at 17:08 | history | edited | o.m. | CC BY-SA 4.0 |
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| Feb 20, 2023 at 16:28 | history | edited | o.m. | CC BY-SA 4.0 |
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| Feb 20, 2023 at 5:48 | history | answered | o.m. | CC BY-SA 4.0 |