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futarchy [2008-02-21 05:19] nikfutarchy [2013-10-08 09:46] (current) 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." --  Robin Hanson, 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 (and http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.71.8309 )
  
  
-a [[prediction market]] for public policy.+  * a [[prediction market]] for public policy. 
 +  * [[wp>Futarchy]] 
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