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Valve appoints Yanis Varoufakis as its in-house virtual economist 

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.

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Stephany Nunneley-Jackson

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Stephany is VG247’s News Editor, with 22 years experience (with 15 of them at VG247). With a brain that lacks adhesive ducks, the ill-tempered, chaotic neutral fembot does her best to bring you the most interesting gaming news. She is also unofficially the site’s Lord of the Rings/Elder Scrolls Editor.

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