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[D&D history/development] I wonder why...
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<blockquote data-quote="mmadsen" data-source="post: 3715012" data-attributes="member: 1645"><p>I will readily admit that I do not understand what you're trying to ask. The rules list typical prices and typical wages. If you want to know how much a silver piece buys, the rules tell you. If you want to know how much money a laborer makes, the rules tell you.</p><p></p><p>If you want a feel for how people view money though, you need to take yourself out of 21st-century America and its modern market economy and look at how people live in pre-industrial economies around the world or in our own history.</p><p></p><p>Saying that one silver piece is enough to buy a cheap outfit is one thing. Realizing that most people only own one set of clothing, and that they replace it annually, puts things in a different perspective.</p><p></p><p>Saying that three silver pieces is enough to buy a chunk of meat is one thing. Realizing that most people can't put meat on the table even once per week puts things in a different perspective.</p><p></p><p>You don't have to spend much time in a less-developed country to get a feel for such things.</p><p>When I speak of a modern economy, my concern is <em>not</em> that the paper money is fiat money, or that the government tries to manage business cycles by increasing spending during a recession, etc.</p><p></p><p>The distinction is far more fundamental. A modern economy tends to be a monetary economy, where complete strangers make monetary transactions on a daily basis, and even fairly unskilled laborers are many times more productive than medieval laborers, because they're working within an efficient system bolstered by high-tech capital equipment.</p><p></p><p>In a pre-modern economy, virtually everyone is subsistence-farming, producing barely enough to survive. There's a reason modern Americans and Europeans are a head taller than they used to be -- and than subsistence-farmers around the world today. How much is one silver piece worth to such a person?</p></blockquote><p></p>
[QUOTE="mmadsen, post: 3715012, member: 1645"] I will readily admit that I do not understand what you're trying to ask. The rules list typical prices and typical wages. If you want to know how much a silver piece buys, the rules tell you. If you want to know how much money a laborer makes, the rules tell you. If you want a feel for how people view money though, you need to take yourself out of 21st-century America and its modern market economy and look at how people live in pre-industrial economies around the world or in our own history. Saying that one silver piece is enough to buy a cheap outfit is one thing. Realizing that most people only own one set of clothing, and that they replace it annually, puts things in a different perspective. Saying that three silver pieces is enough to buy a chunk of meat is one thing. Realizing that most people can't put meat on the table even once per week puts things in a different perspective. You don't have to spend much time in a less-developed country to get a feel for such things. When I speak of a modern economy, my concern is [i]not[/i] that the paper money is fiat money, or that the government tries to manage business cycles by increasing spending during a recession, etc. The distinction is far more fundamental. A modern economy tends to be a monetary economy, where complete strangers make monetary transactions on a daily basis, and even fairly unskilled laborers are many times more productive than medieval laborers, because they're working within an efficient system bolstered by high-tech capital equipment. In a pre-modern economy, virtually everyone is subsistence-farming, producing barely enough to survive. There's a reason modern Americans and Europeans are a head taller than they used to be -- and than subsistence-farmers around the world today. How much is one silver piece worth to such a person? [/QUOTE]
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