{"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":"New York's $47B Tax Exodus: What EVE Online's Virtual Economy Reveals","slug":"new-york-s-47b-tax-exodus-what-eve-online-s-virtual-economy-reveals","published_at":"2026-07-21T12:45:00+00:00","page_url":"https://stenobird.com/podcast/the-invisible-hand-7719857/new-york-s-47b-tax-exodus-what-eve-online-s-virtual-economy-reveals","show_page_url":"https://stenobird.com/podcast/the-invisible-hand-7719857","url":"https://traffic.megaphone.fm/PODAGEN8063419934.mp3?updated=1776261338","audio_url":"https://traffic.megaphone.fm/PODAGEN8063419934.mp3?updated=1776261338","summary":"When a virtual spaceship game predicts real-world tax policy better than economists, you know we're living in interesting times. Emma Reid breaks down how EVE Online's trillion-dollar virtual economy just explained exactly why New York is hemorrhaging millionaires to New Jersey. 🎯 What You'll Learn: • Why EVE's Jita trade hub processes 1 trillion ISK daily with just 1.5% taxes (and what that means for real cities) • How a simple 2% tax hike in EVE caused 40% of traders to flee within weeks • The brutal math behind New York losing 3.2% of its millionaires in 2024 while New Jersey celebrates new residents • Why alternative trade hubs popped up exactly 10 jumps away from high-tax systems in EVE (and how this mirrors real migration patterns) 👤 Perfect for: lifelong learners who want to understand economics through the lens of surprising real-world examples, plus anyone curious about why people and money actually move the way they do. 📍 Chapters: [00:00] Emma Reid explains why gamers accidentally solved tax policy [02:00] Inside EVE's trillion ISK economy and its 1.5% tax secret [04:30] The great EVE tax experiment that crashed trading volume by 40% [06:45] New York's $47 billion millionaire exodus by the numbers [08:30] How virtual trade hubs mirror real tax haven strategies [10:15] What this means for your state's tax future 🔔 Never miss an episode: Follow The Invisible Hand on Spotify and turn on notifications. New episodes drop daily, your next favorite insight is one tap away. 🔍 Topics: tax policy, virtual economies, EVE Online, New York taxes, economic migration Get new episodes at The Invisible Hand -------- Keywords: investing, market analysis, warren buffett Learn more about your ad choices. Visit megaphone.fm/adchoices","meta_description":"When a virtual spaceship game predicts real-world tax policy better than economists, you know we're living in interesting times. Emma Reid breaks down how…","key_points":[],"chapters":[],"topics":[],"duration_seconds":804,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-invisible-hand-7719857/episodes/new-york-s-47b-tax-exodus-what-eve-online-s-virtual-economy-reveals/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/new-york-s-47b-tax-exodus-what-eve-online-s-virtual-economy-reveals.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}