For the Win by Cory Doctorow (short books to read .TXT) 📕

to give this to Stanford. He wasn't going to give it to anybody. He was going to sell it.
He didn't go back to campus after that, but rather plunged into a succession of virtual worlds, plotting the time in hours it took him to achieve different tasks, and comparing that to the price of gold in the black-, grey- and white-market exchanges for in-game wealth.
Each number slotted in perfectly, just where he'd expected it to go. His equations fit, and the world fit his equations. He'd finally found a place where the irrational was rendered comprehensible. And what's more, he could manipulate the world using his equations.
He decided to do a little fantasy trading: working from his equations, he'd predicted that the gold in MAD Magazine's Shlabotnik's Curse was wildly undervalued. It was an incredibly fun game -- or at least, it satisfied the fun equation -- but for some reason, game money and elite items were going for peanuts. Sure enough, in 36 hours, his imaginary MAD Money was worth $130 in imaginary real money.
Then he took his $130 stake and sank it into four other game currencies, spreading out his bets. Three of the four hit the jackpot, bringing his total up to $200 in imaginary dollars. Now he decided to spend some real money -- he already knew that he wasn't going back to campus, so that meant his grad student grant would vanish shortly. He'd need to pay the rent while he searched for a buyer for his equations.
He'd already proven to his own satisfaction that he could predict the movement of game currencies, but now he wanted to branch out into the weirder areas of game economics: elite items, the rare prestige items that were insanely difficult to acquire in-game. Some of them had a certain innate value -- powerful weapons and armor, ingredients for useful spells -- but others seemed to hold value by sheer rarity or novelty. Why should a purple suit of armor cost ten times as much as the red one, given that both suits of armor had exactly the same play value?
Of course, the purple one was much harder to come by. You had to either buy it with unimaginable mountains of gold -- so players who saw your av sporting it would assume that you had played your ass off to earn for it -- or pull off some fantastic stunt to get it, like doing a 60-player raid on a nigh-unkillable boss. Like a designer label on an otherwise unimpressive article of clothing, these items were valuable because people who saw them assumed they had to cost a lot or be hard to get, and thought more of the owner for having them. In other words, they cost a lot because...they cost a lot!
So far, so good -- but could you use Prikkel's Equations to predict how much they'd cost? Connor thought so. He thought you could use a formula that combined the fun quotient of the game and the number of hours needed to get the item, and derive the "value" of any elite item from purple armor to gold pinstripes on your spaceship to a banana-cream pie the size of an apartment block.
Yes, it would work. Connor was sure of it. He started to calculate the true value of various elite items, casting about for undervalued items. What he discovered surprised him: while virtual currency tended to rest pretty close to its real value, plus or minus five percent, the value-gap in elite items was gigantic. Some items routinely traded for two or three hundred percent of their real value -- as predicted by his Equations, anyway -- and some traded at a pittance.
Never for a moment did he doubt his equations, though a more humble or more cautious person might have. No, Connor looked at this paradoxical picture and the first thing that came into his head wasn't "Oops." It was BUY!
And he bought. Anything that was undervalued, he bought, in great storehouses, so much that he had to create alts and secondaries in many worlds, because his primary characters couldn't carry all the undervalued junk he was buying. He spent a hundred dollars -- two hundred -- three hundred, snapping up assets, spreadsheeting their nominal value. On paper, he was incredibly, unspeakably rich. On paper, he could afford to move out of his one-bedroom apartment that was a little too close to the poor and scary East Palo Alto for his suburban tastes, buy a McMansion somewhere on the peninsula, and go into business full time, spending his days buying magic armor and zeppelins and flaming hamburgers, and his evening opening checks.
In reality, he was going broke. The theory said that these assets were wildly undervalued. The marketplace said otherwise. He'd cornered the market on several kinds of marvellous gew-gaws, but no one seemed to actually want to buy them from him. He remembered Jenny Rosen, and all the crushing ways that theory and reality could sometimes stop communicating with one another.
When the first red bills came in, he stuck them under his keyboard and kept buying. He didn't need to pay his cell phone bill. He didn't need his cell-phone to buy magic lizards. His student loans? He wasn't a student anymore, so he didn't see why he should worry about them -- they couldn't kick him out of school. Car payments? Let them repo it (and they did, one night, at 2AM, and he waved goodbye to the little hunk of junk as the repo man drove it away, then turned back to his keyboard). Credit card bills? So long as there was one card that was still good, one card he could use to pay the subscription fees for his games, that was all that mattered.
Living close to East Palo Alto had its advantages: for one thing, there were food-banks there, places where he could line up with other poor people to get giant bricks of government cheese, bags of day-old bread, boxes of irregular and unlovely root-vegetables. He fried all the latter in an all-day starch festival and froze them, and then he proceeded to live off of cheese and potato sandwiches, and one morning, he realized that his entire body and everything that came out of it -- breath, burps, farts, even his urine -- smelled of cheese sandwiches. He didn't care. There were ostrich plumes to buy.
Disaster struck: he lost track of which credit card he was ignoring and had half of his accounts suspended when his monthly subscription fees bounced. Half his wealth, wiped out. And the other card wasn't far behind.
He thought he could probably call his parents and grovel a bit and get a bus ticket to Petaluma, hole up in his folks' basement and lick his wounds and be yet another small-town failure who came home with his tail between his legs. He'd need a roll of quarters and a payphone, of course, because his cellphone was now an inert, unpaid, debt-haunted brick. Lucky for him, East Palo Alto was the kind of place where you got lots of people who were too poor even to go into debt with a cell-phone, people who also needed to use payphones.
He tucked himself into his grimy bed on a Wednesday morning and thought, Tomorrow, tomorrow I will call them.
But tomorrow he didn't. And Friday he didn't, though he was now out of government cheese and wasn't eligible for more until Monday. He could eat potato sandwiches. He couldn't buy assets anymore, but he was still tracking them, watching them trade and identifying the bargains he would buy, if only he had a little more liquidity, a little more cashish.
Saturday, he brushed his teeth, because he remembered to do that sometimes, and his gums bled and there were sores on the insides of his mouth and now he was ready to call his parents, but it was 11PM somehow, how did the day shoot past, and they went to bed at 9 every night. He'd call them on Sunday.
And on Sunday -- on Sunday -- on that magical, wonderful Sunday, on Sunday --
THE MARKET MOVED!
There he was, pricing assets, recording their values in his spreadsheet, and he realized that the asset he was booking -- a steampunk leather gasmask adorned with a cluster of huge leathery ear-trumpets and brass cogs and rivets (no better than a standard gasmask in the blighted ecotastrophe world that was Rising Seas, but infinitely cooler) -- had already been entered onto his sheet, weeks before. Indeed, he'd booked the mask when its real world cash value was about $0.18, against the $4.54 the Equations predicted. And now he was booking it at $1.24, which meant that the 750 of them he had in inventory had just jumped from $135 to $930, a profit of $795.
There was a strange sound. He realized after a moment that it was his stomach, growling for food. He could flip his gasmasks now, take the $795 onto one of his PayPal debit cards, and eat like a king. He might even be able to buy back some of his lost accounts and recover his assets.
But Connor did not consider doing this, even for a second. He dashed to the sink and filled up three cooking pots with water and brought them back to his desk, along with a cup. He filled the cup and drank it, filled it and drank it, filling his stomach with water until it stopped demanding to be filled. This was California, after all, where people paid good money to go to "retreats" for "liquid fasting" and "detox." So he could wait out food for a day or two... After all, his Equations predicted that these things should go to $3,405. He was just getting started.
And now the gasmasks were rising. He'd get up, go to the bathroom -- his kidneys were certainly getting a workout! -- and return to check the listings on the official exchange sites and the black-market ones where the gold-farmers hung out. He had a little formula for calculating the real price, using these two prices as a kind of beacon. No matter how he calculated it, his gasmasks were rising.
And yes, some of his other assets were rising, too. A robot dog, up from $1.32 to $1.54, still pretty far off from the $8.17 he'd predicted, but he owned a thousand of the things, which meant that he'd just made $1,318.46 here, and he was just getting started.
Up and up the prices went, as asset after asset attained liftoff, and he began to suspect that his asset-buying spree had coincided with an inter-world depression across all virtual economies, which accounted for the huge quantities of undervalued assets he'd found lying around. There was probably an interesting cause for all those virtual economies slumping at once, but that was something to study another day. As it was, he was more interested in the fact that the economies were bouncing back while he was sitting on mountains of dirt-cheap imaginary gewgaws, knickknacks, tchotchkes and white-elephants, and that their values were taking off like crazy.
And now it was time to convert some of those assets to money and some of that money to food, rent, and paid-off bills. His collection of articulated tentacles from Nemo's Adventures on the Ocean Floor were maturing nicely -- he'd bought them at $0.22, priced them at $3.21, and now they were trading at $3.27 -- so he dumped them, and regretted that he'd only bought 400 of them. Still, he managed to dump them for a handy $1150 profit (by the time he'd sold 300 of them, the price had