Not too bad. I'm curious how they (yes...THEY) go about calculating the value of a blog.
Also because I am SO amused by the subject of his paper, here is pheonix_jade 's closing paragraph:
Within a closed system, the controlling entity is unable to accurately predict external forces upon an economy. A game designer would never predict that gold would lose its value in favor of an item as trade yet it occurs constantly. The barter system is the original money. The more scare and useful a resource is, the more likely it could become the currency standard. Most people would choose a bar of gold over a bar of protein, but once hunger sets in, the man with the protein can gather more bars of gold. There is no driving need to gather gold, but hunger and shelter form the core of human nature. Tobacco, meat and Rings of Jordan are merely representations of the same commodity, the desired item. Farming for either item is driven by the belief that it has value. The concept that a virtual construct has value is echoed in the internet bubble before it burst. The companies created nothing, yet they were desirable. The value of a company that produces a viable product is sustainable and will gather more value, more wealth, than any flashy concept.