[0.981] Value of Gold

I see in diplomacy screen that 1 Research can be traded for 3 Gildar. Study costs 120 production and gives 1 Research per turn. Merchant costs 80 production and really gives 1 Gildar with 50% taxes. That is why I never build Merchant in my games. Imho Merchant/Market/etc are underpowered.

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Quoting Unmitigatedlie, reply 1
1 research for 3 Gildar = 1 time benefit, merchant's benefits accrue over time. 
End of Unmitigatedlie's quote

Agreed. Not sure what the OP is getting at. Other than the Scrying Pool if your Pariden, Merchant is probably the most important building to get. Logging Camp may be up in the runnings.