{"podcast":{"title":"The Invisible Hand","slug":"the-invisible-hand-7719857","podcast_index_feed_id":7719857,"rss_url":"https://feeds.megaphone.fm/PODAGEN6867737009","website_url":null,"image_url":"https://megaphone.imgix.net/podcasts/ecd55da6-0690-11f1-8a35-87d682d10069/image/bd2556a194f47efd83996cc639d08bec.png?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"Emma Reid","episode_count":232,"summary":"Economics isn't boring when Emma Reid explains it. This former Wall Street finance analyst quit her corporate job after watching too many people get scammed by get-rich-quick schemes, including her own father who almost lost his retirement to a pyramid scheme. Now she breaks down everything from inflation to interest rates using stories from her small-town grocery store and her neighbor's questionable crypto investments. Every day, Emma takes one economic concept and makes it make sense. Monday might be why gas prices actually work the way they do. Tuesday could be the real reason your mortgage rate just jumped. She's not trying to make you an economist, just someone who can spot financial BS from a mile away and make smarter money decisions. You'll get the kind of economic education they should have taught you in high school but didn't. No textbook jargon, no boring theory, just practical knowledge you can use when your bank tries to sell you a new credit card or your brother-in-law pitches his latest investment idea. Follow now for daily episodes that actually explain how money and markets really work. New episodes every day—follow now!","last_synced_at":"2026-07-31T16:18:06.182989+00:00","page_url":"https://stenobird.com/podcast/the-invisible-hand-7719857"},"episode":{"title":"EVE Online Copied NASDAQ So Well It Broke Its Own Game","slug":"eve-online-copied-nasdaq-so-well-it-broke-its-own-game","published_at":"2026-07-21T15:03:00+00:00","page_url":"https://stenobird.com/podcast/the-invisible-hand-7719857/eve-online-copied-nasdaq-so-well-it-broke-its-own-game","show_page_url":"https://stenobird.com/podcast/the-invisible-hand-7719857","url":"https://traffic.megaphone.fm/PODAGEN7782788836.mp3?updated=1776261354","audio_url":"https://traffic.megaphone.fm/PODAGEN7782788836.mp3?updated=1776261354","summary":"Ever heard of a video game that accidentally built a better stock market than Wall Street? EVE Online copied NASDAQ's trading system so perfectly that players started acting like actual Wall Street traders, creating an economy so efficient it broke the fun out of their own game. Emma Reid breaks down how virtual spaceships became a masterclass in market psychology. 🎯 What You'll Learn: • How EVE's 500,000 daily transactions mirror real financial markets better than most economics textbooks • Why the $300,000 \"Bloodbath of B-R5RB\" battle taught us more about market crashes than 2008 did • The surprising reason EVE hired a real economist and why their virtual currency is more stable than some real ones 👤 Perfect for: lifelong learners and anyone who's ever wondered why markets work the way they do, explained through the lens of internet spaceships and digital economics. 📍 Chapters: [00:00] Emma Reid introduces EVE's accidental economic experiment [01:45] How copying NASDAQ created the most realistic virtual economy ever [04:15] Meet Dr. Eyjólfur Guðmundsson, the economist who became a game designer [06:30] The $300,000 space battle that crashed a virtual economy [08:45] Why EVE's currency is more stable than most cryptocurrencies [11:00] What happens when efficiency kills the fun The crazy part? EVE Online's economy is now studied by real economists and central banks. Turns out when you give gamers a perfect market system, they don't just play the game, they become the market. Emma explains why this virtual world might be the best economics laboratory we've ever created, and what it teaches us about human behavior when money's on the line. 🔔 Never miss an episode: Follow The Invisible Hand on Spotify or Apple Podcasts and turn on notifications. New episodes drop daily, y…","meta_description":"Ever heard of a video game that accidentally built a better stock market than Wall Street? EVE Online copied NASDAQ's trading system so perfectly that pla…","key_points":[],"chapters":[],"topics":[],"duration_seconds":837,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-invisible-hand-7719857/episodes/eve-online-copied-nasdaq-so-well-it-broke-its-own-game/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-invisible-hand-7719857/eve-online-copied-nasdaq-so-well-it-broke-its-own-game.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}