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futarchy [2008-02-21 05:09] – created nik | futarchy [2008-02-21 05:19] – nik |
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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." -- http://hanson.gmu.edu/futarchy.html | "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 |
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a [[prediction market]] for public policy. | a [[prediction market]] for public policy. |