WHY YES, THEY ARE THIRD WORLD DICTATORSHIPS!

Interesting article on Terra Nova from Dr. Edward Castronova, MMO economist (and also IRL economist).

Is it possible that virtual world economies might make a gross impact equivalent to that of a real country? Actually, yes. Virtual worlds are already that big, economically speaking. More accurately, some unfortunate countries remain that small.

So, basically, I’m helping to run a small city in Macedonia. Woo hoo!