{"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":"How EVE Online's Developers Accidentally Created Real-World Inflation","slug":"how-eve-online-s-developers-accidentally-created-real-world-inflation","published_at":"2026-07-22T01:15:00+00:00","page_url":"https://stenobird.com/podcast/the-invisible-hand-7719857/how-eve-online-s-developers-accidentally-created-real-world-inflation","show_page_url":"https://stenobird.com/podcast/the-invisible-hand-7719857","url":"https://traffic.megaphone.fm/PODAGEN2071222725.mp3?updated=1776261266","audio_url":"https://traffic.megaphone.fm/PODAGEN2071222725.mp3?updated=1776261266","summary":"You know that feeling when you buy something and the price jumps 50% the next week? EVE Online players lived through that nightmare for two straight years. Emma Reid breaks down how a video game's economy crashed harder than the 2008 housing market and what it teaches us about real-world inflation. 🎯 What You'll Learn: • How EVE Online processes $500,000 monthly in real money through virtual currency (and why that matters for actual economies) • The exact moment developers created artificial scarcity that sent basic ship prices up 300% in 24 months • Why 40% of players rage-quit during the economic crisis (and how this mirrors real consumer behavior during inflation) • The psychology behind why people will pay $10,000 for a virtual spaceship but won't spend $50 on financial education 👤 Perfect for: lifelong learners and anyone who's ever wondered why prices seem to go up faster than their paycheck. 📍 Chapters: [00:00] Emma Reid introduces EVE's $500,000 monthly economy [01:45] How developers accidentally created hyperinflation [04:15] When mining ships became luxury items overnight [06:30] The player exodus that mirrors real economic crashes [08:45] What virtual economies teach us about actual money [10:30] Key lessons for spotting inflation in your own spending This isn't just gaming news. It's a masterclass in economic psychology using spaceships instead of spreadsheets. Emma connects virtual market crashes to real-world inflation patterns that affect your grocery bill, your mortgage, and your retirement account. 🔔 Never miss an episode: Follow The Invisible Hand on Apple Podcasts and turn on notifications. New episodes drop daily, your next favorite insight is one tap away. 🔍 Topics: inflation, virtual economy, gaming economics, market psychology, consumer behavior…","meta_description":"You know that feeling when you buy something and the price jumps 50% the next week? EVE Online players lived through that nightmare for two straight years…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1030,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-invisible-hand-7719857/episodes/how-eve-online-s-developers-accidentally-created-real-world-inflation/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/how-eve-online-s-developers-accidentally-created-real-world-inflation.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}