April Freeman Banner 2014

IN BRIEF

Facebook "Virtual Currency" Good for Advocacy

DECEMBER 10, 2009

“Health insurance industry trade groups opposed to President Obama’s health care reform bill are paying Facebook users fake money — called “virtual currency” — to send letters to Congress protesting the bill … Facebook users play a social game, like ‘FarmVille’ or ‘Friends For Sale.’ They get addicted to it. Eager to accelerate their progress inside the game, the gamers buy ‘virtual goods’ such as a machine gun for ‘Mafia Wars.’ But these gamers don’t buy these virtual goods with real money. They use virtual currency.” (Business Insider, Wednesday)

How bad does inflation have to be before ‘Facebook currency’ becomes accepted tender?

FEE Timely Classic:
The Great German Inflation” by Bruce Bartlett

comments powered by Disqus

EMAIL UPDATES

* indicates required
Sign me up for...

CURRENT ISSUE

April 2014

Around the world, people are struggling to throw off authoritarianism, with deeply mixed results. From Egypt to Venezuela, determined people build networks to overthrow their regimes, but as yet we have not learned to live without Leviathan. In this issue, Michael Malice and Gary Dudney discuss their glimpses inside totalitarian regimes, while Sarah Skwire and Michael Nolan look at how totalitarian regimes grind down the individual--and how individuals fight back. Plus, Jeffrey Tucker identifies a strain in libertarianism that, left unchecked, could reduce even our vibrant movement to something that is analogous to the grim aesthetic of architectural brutalism. The struggle for our lives and freedom is a struggle for beauty; it begins inside each of us.
Download Free PDF

PAST ISSUES

SUBSCRIBE

RENEW YOUR SUBSCRIPTION