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Fun with Finances

Posted by Keith Cross on May 08, 2007  | Comments

Fun with Finances - EVE Online -

The official EVE Online website is currently pointing players toward a recent article in the Financial Times that takes a financial perspective look at EVE Online.

A long time ago in a galaxy far far away, rampant capitalism held sway, free from the restraints of Sarbanes-Oxley legislation, SEC inquiries and European Commission investigations. There were large-scale scams, widespread corporate espionage, military-industrial alliances and interplanetary wars. Welcome to the world of Eve Online.

The sci-fi virtual universe, which celebrated its fourth anniversary at the weekend, has attracted chief executives, city traders, MBAs and economists to learn hard financial lessons they can take into the real world.

"Eve seemed like a playground for totally unfettered hardcore capitalism, with none of our justice systems or controlling bodies," says Trey Ratcliff, a former player and chief executive of Austin, Texas software developer John Galt Games.

You can read the whole article here.