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futarchy

Futarchy

“This short 'manifesto' describes a new form of government. In 'futarchy,' we would vote on values, but bet on beliefs. Elected representatives would formally define and manage an after-the-fact measurement of national welfare, while market speculators would say which policies they expect to raise national welfare.” – Robin Hanson, http://hanson.gmu.edu/futarchy.html (and http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.71.8309 )

futarchy.txt · Last modified: 2013/10/08 11:46 by nik