Tag Archives: Yanis Varoufakis

Valve’s resident economist Yanis Varoufakis has shed light on the hiring and firing policy at the Seattle company.

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Valve hardware chatter continues, following economist Yanis Varoufakis’s spell as the studio’s ‘Economist-In-Residence’. Varoufakis has blogged about his time with the studio, has discussed Valve’s dabbling in hardware, and claims to have seen ‘the future’ while there. Get his thoughts below.

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Valve has hired an economics expert, professor Yanis Varoufakis, to help the firm with the virtual economies centered its games. Varoufakis was asked to come aboard the Valve ship after Gabe Newell read the professor’s blog regarding economic imbalance between Germany and Greece. Newell, according to Varoufakis, said the firm was “running into a bunch of problems,” as it scaled up its virtual economies. A Valve Economics blog has now been started where the professor will be “committing weekly reports on our projects, experiences and ideas regarding Valve’s various social ‘economies’.” Thanks, GI International, via BBC.