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Davis Mattek is joined by E. Glen Weyl, author of PLURALITY: THE FUTURE OF COLLABORATIVE TECHNOLOGY AND DEMOCRACY to discuss Glen's new book, how his thinking has changed since publishing Radical Markets, co-author Audrey Tang's role as the digital minister of Taiwan and much more. Draft for $1,500,000 on UnderDog Fantasy & Get A $250 Deposit Bonus With A FREE Pick 'Em Bonus Entry: https://play.underdogfantasy.com/p-davis-mattek Sign up for premium fantasy football content, get a weekly BONUS episode of The Taekcast and get exclusive Discord access: www.patreon.com/davismattek Subscribe to the AutoMattek Absolutes Newsletter: https://automattekabsolutes.beehiiv.com/ Audio-Only Podcast Feed For All Davis Mattek Streams: https://podcasts.apple.com/us/podcast/grinding-the-variance-a-davis-mattek-fantasy-football-pod/id1756145256 Learn more about your ad choices. Visit podcastchoices.com/adchoices
My guest is Glen Weyl, an influential economist and social technologist known for his interdisciplinary work at the intersection of economics, computer science, sociology, and political science. He is a Principal Researcher at Microsoft Research, a co-author of the books “Radical Markets” and the recently published “Plurality: The Future of Collaborative Technology and Democracy” which he co-authored with Audrey Tang, who has served as the 1st Minister of Digital Affairs of Taiwan. Glen co-founded the RadicalxChange Foundation, the Plural Technology Collaboratory, and the Plurality Institute. He taught economics at the University of Chicago, Princeton, and Yale. Glen's work frequently explores the potential of technology and market mechanisms to drive social change and address systemic inequalities. In his new book, Glen lays the foundation for a new societal vision: plurality. Our conversation is structured into three distinct parts. We begin by situating the concept of plurality in today's philosophical and technological landscape. We then discuss the technologies that will enable plurality to materialize, and finally, we conclude with a discussion of the challenges ahead. By the end of this discussion, you will know what plurality is, how different it is from the vision of today's tech CEOs, the role open source AI and blockchain can play to scale plurality, but also the role legal rules and standards are playing, which of the scaling theory concepts (including fractals, fragility, robustness, chaos, etc.) helped Glen and Audrey define their strategy to take over other visions, and more. I hope you enjoy the conversation. Find me on X at @ProfSchrepel. Also, be sure to subscribe to the Scaling Theory podcast; it helps its growth.
This week's episode of "The Mixtape with Scott" features an insightful conversation with E. Glen Weyl, a distinguished economist whose career has spanned academia and industry. Glen earned his PhD from Princeton, spent three years at the Harvard Society of Fellows, and served as an assistant professor at the University of Chicago, where he made significant contributions to micro theory applications to industrial organization. However, Glen's journey took a transformative turn when he left academia to join Microsoft, where he currently leads the Plural Technology Collaboratory, focusing on technological solutions for societal cooperation.Many listeners might recognize Glen from his influential book "Radical Markets," co-authored with Eric Posner. This work introduced the innovative voting mechanism known as quadratic voting, reflecting Glen's deepening interest in democratic processes and governance. His latest book, "Plurality: The Future of Collaborative Technology and Democracy,” (Amazon link) co-authored with Taiwan's Digital Minister Audrey Tang, serves as a manifesto for harnessing digital technology to foster social unity and diversity. The book presents bold ideas, from digitally empowered communication to transforming global trade, aiming to enrich relationships and ensure inclusivity.In addition to his writing, Glen has also ventured into film as an executive producer of the documentary "Good Enough Ancestor," which highlights Audrey Tang's work in digital democracy. That trailer can be found here; Glen was executive producer on it.Throughout our interview, Glen shares his experiences and insights from his varied projects, illustrating his renaissance man persona. From his academic roots to his pioneering efforts at Microsoft and beyond, Glen's story is a testament to his innovative spirit and dedication to leveraging technology for societal good. This episode promises to be an engaging exploration of his remarkable career and visionary ideas.So thank you for once again for tuning into the podcast! I hope you enjoy this interview as much as I did. Don't forget to subscribe, follow, all that and tell people about it! Thank you for reading Scott's Substack. This post is public so feel free to share it. Get full access to Scott's Substack at causalinf.substack.com/subscribe
इस हफ़्ते हम चर्चा करते है एक किताब पर जिसमें बाज़ार के बेहतर कार्यान्वन को लेकर कुछ क्रांतिकारी सुझाव दिए गए है। आइये, इन विचारों को परख कर देखते है कि क्या ये काम करेंगे या इन में कुछ कमियां है। This week on Puliyabaazi, we discuss some radical ideas that try to solve some of the weaknesses of current market models. What are these radical market models? What is the problem they are trying to solve? Are they feasible? Join us on this thought exercise. Book being discussed: Radical Markets: Uprooting Capitalism and Democracy for a Just Society by Eric A. Posner and E. Glen Weyl https://amzn.eu/d/inpbMnn ***** related Puliyabaazi ***** बौद्धिक सम्पदा: पेटेंट, कॉपीराइट, और ट्रेड सीक्रेट की कहानी. Intellectual Property Rights. https://puliyabaazi.in/episode/bauddhik-smpdaa-pettett-kopiiraaitt-aur-ttredd-siikrett-kii-khaanii-intellectual-property-rights जो मेरा है, क्या वो सच में मेरा है? Why Property Rights Matter. https://puliyabaazi.in/episode/jo-meraa-hai-kyaa-vo-sc-me-meraa-hai-why-property-rights-matter ***************** Website: https://puliyabaazi.in Write to us at puliyabaazi@gmail.com Hosts: @saurabhchandra @pranaykotas @thescribblebee Puliyabaazi is on these platforms: Twitter: @puliyabaazi Instagram: https://www.instagram.com/puliyabaazi/ Subscribe & listen to the podcast on iTunes, Google Podcasts, Castbox, AudioBoom, YouTube, Spotify or any other podcast app.See omnystudio.com/listener for privacy information.
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What are Radical Markets and what do they have to do with blockchains? Welcome to the Cryptohunt Jam, where we spend one minute a day to explain crypto. In plain English. Have you ever looked around and noticed all these economical problems that society seems to face? We are sure you did, and you likely even started to think about solutions. Let's take inequality as an example, the gap in distribution of wealth between the rich and the poor. Your intuition would probably be to say: We have let free markets go way too far. Governments should regulate them and redistribute wealth. We could impose fairer taxes and new laws. It may come as a surprise to you then, as much as it did to us, that there are people who suggest the exact opposite: Truly free markets, so-called Radical Markets. Think that makes no sense? Because free markets have pushed us to where we are? Let's explore the idea together then! The idea is that we have a simple set of rules that govern our market, but within those, participants can all make equal decisions without restrictions. Let's take the example of property. Inequality exists, because some people have a lot, and some people have almost nothing. One idea of radical markets is to force property to always be for sale to the highest bidder, and those who own it, to pay taxes on it. Let's say you own land, you'd have to sell it to anyone who's offering you more than you are willing to pay tax on. And when property can pass hands freely, it will most likely be utilized to be productive - someone may build a factory on the land they bought from you for example. So: Radical Markets are not about creating unfair markets, they are about creating rules that force everyone to always be IN the market. So – what does that have to do with crypto? Well, for the first time in a very long time, blockchains are a technology that allows new experiments like Radical Markets to be implemented. This is because blockchains are not controlled by governments and companies, who have little interest in those idea, and thus are a great way to try more radical ideas. In fact, blockchains have attracted a lot of free thinkers that constantly ask themselves: Now that we can program the way money flows, how can we use that power to create a better society? And on Monday, we'll continue this topic with the related idea of quadratic voting, but bring it back into reality a notch by looking at a project called Gitcoin. This podcast is produced by Cryptohunt.it the easiest place to learn crypto. Copywriting is done by Arndt Voges, Social Media is done by Brett Holleman, Design is done by Carmen Rincon and my name is Christian Byza, Co-Founder of Cryptohunt and I am your host of this daily show. Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice. --- Send in a voice message: https://anchor.fm/cryptohunt/message
In this episode, we dive into Soulbound Tokens (SBTs) with Glen Weyl, Co-author of Decentralized Society: Finding Web3's Soul. We discuss the definition of souls & SBTs, the concerns around SBTs, the range of its potential uses, and much more. Glen Weyl is a Political Economist and Principal Researcher at Microsoft, the Founder of RadicalxChange Foundation, and Co-author of Radical Markets. Show Notes: (00:00:00) – Glen's background. (00:02:45) – Introduction to SBTs. (00:06:55) – The what and why of SBTs. (00:17:53) – Standardization of SBTs. (00:21:35) – Potential use-cases for SBTs. (00:32:54) – Unlocking the creator economy. (00:40:46) – What are souls? (00:43:09) – Concerns about SBTs. (00:46:26) – Countering malicious SBTs. (00:49:43) – Key recovery tools. Resources: Glen's Twitter Decentralized Society: Finding Web3's Soul Glen's Website Vitalik on Soulbound Tokens More
Global Policy Watch #1: The Man Who Broke Capitalism?Global policy issues relevant for India- RSJOver the last couple of years, I have run through a list of books in what I call the ‘crisis in liberalism’ genre. There is a template that most of these books follow – begin with the fall of the Berlin wall, remind readers about Fukuyama’s ‘The End of History’ paper, run through the mistakes that a triumphal liberal order made through the next two decades, talk about capitalism running amok leading to the global financial crisis and then build a grand theory for the populist backlash we saw in the last few years.I wrote about these books on these pages. The list is long – The Globalisation Paradox, Radical Uncertainty, Radical Markets, The Light That Failed, The Code of Capital and maybe you could add the various Piketty books in here too. There’s a cottage industry that’s built up here and you can say I’m a huge patron of their artisanal products. Well, the good news is there’s a new addition to this genre this week. “The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America--And How to Undo His Legacy” by David Gelles. The title is a mouthful, but it is also convenient. It says everything it has to say in its unwieldy length. There’s not a lot more in the book except trying to retrofit all kinds of ills of capitalism seen today by the author back to Jack Welch. Gelles is all over the media this week (here, here) talking up the book and making the same points over and over again. And it got me thinking on two counts. One, why business management research and literature is almost always garbage? And two, why do we get public policy on managing business and capital wrong so often?On the book itself, I will try and summarise (in deliberate broad strokes) the three key arguments Gelles makes:There was some kind of a ‘golden age of capitalism’ in the thirty years after WW2. Companies took care of their people, distributed wealth equally, happily paid the taxes and employed people for life. Businesses saw themselves as more than profit maximising engines. There was a feeling of loyalty to the country, a fraternal sense of belonging to a community and a wider obligation to the supporting the government. All quite nice.Then in the early 70s, Friedman wrote that shareholder value maximisation paper (“The Social Responsibility Of Business Is to Increase Its Profits”) and the world was never the same again. Businesses focused more on their profits and soon lobbied for lower taxes and greater freedom in conducting their affairs. Reagan and the conservative revolution of small government followed. Into this mix came in Jack Welch as the CEO of GE, the iconic American institution. Welch singlehandedly destroyed capitalism as we knew it. He laid off people, shut factories, offshored jobs, built a shadow bank called GE Capital that reaped the benefits of financialisation, obsessed over meeting quarterly EPS numbers, stack ranked the employees in a bell curve, created the cult of CEO worship and initiated everything that you find wrong today in business. Quite an extraordinary feat in doing bad things at work. In Gelles’ words: “He's on the Mount Rushmore of men who screwed up this country.” The book then goes onto show how Welch’s long shadow still haunts corporate America despite obvious evidence that he got it all wrong. GE is among the worst-performing stock in the last two decades. It announced last year it plans to split itself into three different businesses to unlock shareholder value. GE Capital, the engine that Welch built, is defunct. Yet, business leaders worship at the altar of quarterly earnings, force ranking employees, financial engineering, building personal brands and negotiating ever increase compensation packages for themselves. So, what’s the solution? I’m not sure if I understood it from the book. Gelles isn’t advocating for socialism surely. But he does throw around words like stakeholder capitalism and praises the current CEO of Unilever and the founder of WEF that holds an annual event at Davos for their efforts to build compassionate capitalism. Some kind of a future where we don’t measure companies on shareholder value but another set of metrics involving all stakeholders that rein in the single-minded pursuit of profits is his solution. All quite fuzzy because he seems to run out of steam by the end of the book. All that Welch bashing is tiring.Let me digress a bit here.When I started my career, the ‘GE way’ was a rage in corporate India. I remember picking up a pirated version of Welch’s autobiography from a streetside vendor at Kala Ghoda. Everyone I knew was reading it. Except for the parts about his growing up that were written with some honesty, the book was terrible. All the stories followed the same pattern. Welch gets a call and goes down to a factory floor or to a customer site. There he hears or notices something small that gets him thinking. Then he finds someone young who reminds him of his younger self – direct, analytical and abrasive. Welch decides either on shutting down or buying a new business based on his gut. He gives this young man (almost always a man) the mandate to do it. Young man does the magic and Welch basks in his foresightedness.Interspersed between these familiar stories, I got Welch’s views on lifelong employability (not employment), how to be tough but fair, his views on the future of business and, of course, six sigma.Ah, Six Sigma.You couldn’t ignore Six Sigma in India during those days. Welch had elevated it into some kind of a religion at GE. Everyone had to follow it. There were weekly Yellow belt and Green belt training programmes in every company where employees would be taught some basic statistics, and something called the DMAIC model. If you did well, you would then go on to a rigorous Black belt certification programme. The ultimate big daddy of them all was the Master Black belt - a Shaolin master with scores of Black belts in his stable who could be unleashed on any problem. All Master Black Belts came from GE and for them, the answer to every single problem was a Six Sigma project. Complaints about canteen food in the office? Run a Six Sigma project. Spending too much on office stationery? Why, Six Sigma can help. People quitting because the work is drudgery? No problem, Six Sigma will solve it. I even remember a training programme where a Six Sigma expert told us he could solve the Israel-Palestine problem using Six Sigma if only they invited him. To me the whole thing, as it was run in India, was a charade. There was no new idea or insight that came out following it. It was just bureaucracy with some babus lording over us because they were certified in this nonsense. Japan was always shown as a shining example of the success of such techniques. I guess no one had heard about Japan’s lost decade.Anyway, reading the book and seeing the success GE had then under Welch, I was convinced of two things. One, he foresaw the two trends of globalisation and financialisation way earlier than others. He figured both the threats and opportunities they presented and moulded GE to take advantage of them. He did this better than anyone else who was running a large business then. Two, he realised that running a diversified, globally distributed enterprise requires a certain ‘way’. So, he codified it - bell curve for ranking employees, global training centres for creating a kind of manager, Six Sigma as the common language to solve everyday problems and a common scorecard to rate business performance. In his scheme of things, process and order were more important than individual enterprise and innovation. GE probably didn’t produce a single world-beating product during his time but they did make truckloads of money for shareholders by being more efficient and faster to market than their competitors. And that didn’t happen by just mindless shutting down of plants or fudging the books as Gelles seems to allege. Coming back to the book, I have three problems with it.First, there’s no pause to consider the counterfactual turn of events. Had Welch not done what he did at GE, what would have been the alternative history? It was clear by the early 80s that cheaper, and often better, consumer durables and industrial products were coming into America from Japan and the Tiger economies of the far east. American labour was getting more expensive, especially the retirement funds of workers that were run often on a defined benefit programme. Remember the great American motor companies had to be bailed out after the GFC in 2009 because they couldn’t fund the pension benefits of their ex-employees anymore. Welch was realistic enough to understand there wasn’t going to be any breakthrough technology that could change the businesses that were cash cows of GE. A refrigerator is a refrigerator. They had become commodities. Welch took a hard look at it and asked why couldn’t GE take the battle to the challengers? Why couldn’t GE outdo them in being more efficient, using the same sources of labour as them and getting into newer businesses? The breakup of the USSR and the opening up of economies around the world helped him to go overseas. So did the steep fall in telecom rates that powered the BPO revolution. He also figured he could use the large cash flows his core businesses generate to build a financial institution. And he created a behemoth in GE Capital.These two decisions extended the lifespan of GE and, perhaps, saved a lot of jobs. GE might be thinking of splitting itself into three today but these are still reasonably profitable businesses employing thousands of workers. The graveyard of corporate America is packed with companies who once competed with GE in sectors as varied as electricals (Westinghouse, Whirlpool), packaging and plastics (Tyco), and household goods (Xerox, Kodak)…the list is long. They died because they didn’t do what GE did then. You can accuse Welch of being just a manager who got a couple of trends right and rode them but who didn’t innovate and build genre-defining products. That’s fine. Not being a gifted innovator isn’t really a moral failure. But Welch ran a management template that worked for its time. A lot that was good in that has helped other enterprises manage scale and complexity. He overdid things for sure and that toxic legacy of being obsessed over quarterly EPS targets, financial re-engineering to meet them and treating people as expenses is uniquely his too. But, on balance, he was responding to the incentives that he and GE had during that time.The problem with a lot of business management books is that they use the hindsight of success or failure to go back and find reasons for it. This is a useful exercise in history. And it should be only read as history. As one version or interpretation of events. The trouble is many of these books start peddling these as some kind of deeply researched scientific material. It is not science because every single one of them will fail the falsification principle of Popper to demarcate science from non-science. Pick any book that teaches the Toyota way or the Netflix method of managing people and apply them in another context. The success rate of any such application, however generously you may use the term, is still quite low. In fact, the moment I see a book written on the unique way a company does something, I realise the company has jumped the shark. Gelles’ argument about Welch being the one man responsible for breaking capitalism is as flawed as the many books urging companies to follow the GE way a couple of decades back. There’s no science or verifiable truth here.Second, the book has an America centric view of how Welch made things worse. Sure, Welch shut down plants and shipped jobs offshore. And you could argue that made lives of American workers worse. But that trend was already inevitable. I don’t know about you but I don’t think the pre-Welch era, say of the 70s, was some kind of golden age for capitalism. People were still protesting against inequality, wars and seeking global brotherhood. Inflation was high. Diversity in corporates was low. Politicians were being voted out of power because of how they fared on economy. Doesn’t sound like a golden age to me.Gelles blames Welch for hollowing out the industrial belt and increasing inequality in the American society. Maybe it is true. But what about the countries where Welch set up new shops? Without Welch, there wouldn’t have been millions of jobs created in places like India, China, the Philippines and Eastern Europe. In the mid-90s, GE was the biggest customer of the then-fledgling Indian IT companies. The likes of TCS, Wipro and Infosys scaled on back of GE business that at various times accounted for about a third of their revenues. By the late 90s, GE began the BPO boom in India and other companies followed. Almost every company would visit the GECIS centre in Gurgaon to see what’s possible to outsource in India. You could claim with some confidence that he created the most jobs in the history of independent India. I witnessed this first hand. An entire generation made a good living and gained global experience because of the platform GE created in India. There is a good argument then that he might have actually reduced global inequality because of his actions. GE was a global enterprise. Why should only American workers and equality in American society matter in judging his legacy?Lastly, it is easy to diss Friedman and his famous paper on maximising shareholder value without understanding him fully. Friedman didn’t advocate some kind of cut-throat capitalism where nothing else except profits mattered. He was a better thinker than that. I wrote about this a couple of years ago on the 50th anniversary of that Friedman paper and Raghuram Rajan’s assessment of it:Over the years it has been attacked and its central message discredited in the light of the global financial crisis. Even businesses are reluctant these days to invoke shareholder value maximisation as their goal. There have been calls for societal value maximisation, stakeholder wealth creation and conscious capitalism to replace the Friedman doctrine. All good intentions aside, nothing has truly replaced it in how businesses operate. What explains its enduring appeal? Three reasons:A simple and measurable metric: The shareholder value maximisation goal is easy to set and monitor. It helps that there is a common understanding of the metric. The alternatives are amorphous. It is difficult to understand what does maximising societal value entail, for instance. Who will define what society wants? Are societal objectives of India and the US similar?Rewarding the risk-takers: The shareholders invest risk capital in an enterprise. This willingness to take risks is what leads entrepreneurs to build new products, satisfy the consumers and create new jobs. The shareholders deserve the pursuit of maximum return by the firms for this risk they undertake. It is up to them what they do with these returns. They can invest it in newer enterprises or use it to improve the society as they deem fit. The management or anyone else should have no claim on how to invest the returns that belong to the shareholders.Shareholders are the residual claimants: Everyone who contributes to the value creation of an enterprise – the employees, the management and the customers – get their fixed claim on the value through compensation for their efforts, stock options and the value derived from the products or services offered by the enterprise. Only when these fixed claimants are served well, the value for the residual claimant (the shareholder) is maximised. So, the pursuit of shareholder value will by itself serve the other stakeholders well.Any kind of over-indexing on input metrics (like environment or society) instead of a residual metric like shareholder value runs the risk of the measure becoming a target and ceasing to be a good measure (Goodhart’s Law). The recent events around ESG investing and greenwashing are examples of this. See the Deutsche Bank story on this. More will follow.And to quote Friedman from his original article:“But the doctrine of “social responsibility” taken seriously would extend the scope of the political mechanism to every human activity. It does not differ in philosophy from the most explicitly collectivist doctrine. It differs only by professing to believe that collectivist ends can be attained without collectivist means. That is why, in my book “Capitalism and Freedom,” I have called it a “fundamentally subversive doctrine” in a free society, and have said that in such a society, there is one and only one social responsibility of business—to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception fraud.” There is always a desire to ‘manage’ the economic system in a way that it allocates resources and rewards most efficiently. As we have seen over a few centuries now, this is a noble but flawed pursuit. It generates worse outcomes than a system that builds itself on fundamentals of human enterprise, behaviour and its response to incentives. There are many economic concepts that sound evil or counter-intuitive: efficient market mechanism, free trade, comparative advantage or Ricardian equivalence. But they work. There are reasons for market failures and there are extended periods of time when these failures are allowed to persist. But the beauty of spontaneous order is that the correction to its excesses is also built in. The correction is the time to learn from past mistakes and improve it. Not to call for discarding the system itself in favour of some kind of ‘planned design’. Welch was a remarkable manager – both a product of his times and someone who shaped his time. He pushed the boundaries in ways good and bad. That which was bad is already interred with his bones. The good must survive. India Policy Watch: Missing Pieces in the Jigsaw PuzzleInsights on burning policy issues in India— Pranay KotasthaneA popular way to think about strengthening the Indian Republic is to ponder on improving its institutions. However, this route often ends up in mere despondence over our many underperforming institutions. While confronting these demons is an absolute necessity, here’s another way to think about this issue: what are the meta-institutions that the Indian Republic is missing altogether?We aren’t talking here about institutions that don’t work, but institutions that don’t exist at all. And I’m not talking about the likes of a new sectoral regulator for cryptocurrencies, but about more important institutions, ones that could improve decision-making in governments across spheres.I don’t have a comprehensive list yet. However, there are at least three that I’ve heard many experts talk about.1. Parliament’s own think tankOf all the roles parliamentarians end up donning, our current structure equips them the least for the very function they exist: making well-designed laws in their constituents' interests. India’s MPs are not assigned any research budget or research personnel. Combine this congenital defect with the curse of the anti-defection law, and you get a structure that’s subservient to political party interests. Of course, some MPs do stand out despite these constraints, but it does appear that the odds are heavily stacked against them.Thankfully, a solution has emerged from civil society to fill this gaping hole: PRS Legislative Research — a 17-year old non-profit organisation that aims to provide independent and non-partisan research to the parliamentarians.However, just one such institution is not sufficient for an India-scale entity. What we need, in addition, is another much bigger research think tank of the Parliament, that’s paid from the Consolidated Fund of India and has researchers who develop deep expertise in specific areas over the years. Consider, for instance, the Congressional Research Service in the US. This federally-funded agency has over 600 employees who are specialists in a variety of policy domains.As the size of the Parliament increases after delimitation, and as policy issues keep getting more specialised, it’s imperative for India to invest in this missing institution.2. An independent fiscal councilThis institutional gap has been highlighted by the Thirteenth, Fourteenth, and Fifteenth Finance Commissions. While India has an institution (the Comptroller and Accountant General) to audit policies that are already in action, there is no institution that makes an independent financial evaluation of government policies before they receive the final approval.The result is that tall promises of handouts in electoral manifestos of parties often become government policies swiftly, without any regard to the fiscal sustainability or opportunity cost assessments. A recent example is the One Rank One Pension (OROP) scheme which was implemented in 2015 after appearing in the 2014 election manifestos of both the major national parties.An independent fiscal council then is an institution that is supposed to do three things. One, evaluate the quality of budget forecasts given how there is a wide gap between budgeted estimates and actual expenditures. Two, develop cost estimates of budgetary proposals ex-ante. Ang three, monitor if fiscal rules are being adhered to.Dr Govinda Rao writes in The Hindu that the global experience with such institutions has been largely positive:A study by the IMF (“The Functions and Impact of Fiscal Councils”, July 2013), documents that the existence of IFIs is associated with stronger primary balances; countries with IFIs tend to have more accurate macroeconomic and budgetary forecasts; IFIs are likely to raise public awareness and raise the level of public debate on fiscal policy. Case studies in Belgium, Chile and the United Kingdom show that IFIs have significantly contributed to improved fiscal performances.In Belgium, the government is legally required to adopt the macroeconomic forecasts of the Federal Planning Bureau and this has significantly helped to reduce bias in these estimates. In Chile, the existence of two independent bodies on Trend GDP and Reference Copper Price has greatly helped to improve Budget forecasts. In the U.K., the Office for Budget Responsibility has been important in restoring fiscal sustainability. Cross-country evidence shows that fiscal councils exert a strong influence on fiscal performances, particularly when they have formal guarantees of independence.Clearly a meta-institution we are missing.3. An institution for vertical and horizontal bargainingThis idea again comes from Dr Govinda Rao. He writes in his recent book Studies of Indian Public Finance that India lacks an institution that can act as a credible umpire between various states, and between the states as a whole on one side and the union government on the other. The National Development Council created for this purpose is defunct, the Inter-State Council is a part of the union government, the Rajya Sabha is no longer the council of states in reality, and finance commissions are dissolved after making their recommendations. The result is that there is no institution that can truly champion cooperative federalism. The GST Council perhaps performs acts as a bargaining and negotiation platform in the limited area of indirect taxation. To manage India’s heterogeneity, a meta-institution that is dedicated to horizontal and vertical balance is imperative.Another big lesson here is that the view that India’s government is oversized is inaccurate. The Indian State is quite anaemic when it comes to staffing for its core functions. We need more institutions, not fewer.What are some more missing meta-institutions in the Indian Republic? Leave a comment.India Policy Watch: The Paradiplomacy OpportunityInsights on burning policy issues in India— Pranay KotasthaneNote these two developments over the last few weeks: Tamil Nadu was first off the blocks to send a relief consignment to the crisis-stricken Sri Lanka. And as many as three Chief Ministers—besides the sons of two other CMs—made their presence felt at the World Economic Forum in Davos.Moreover, chief ministerial visits to business capitals of the world are now commonplace. Virtually every Indian state now has its own global investor summit. And yes, two states (Punjab and Kerala) already have departments for non-resident Indians.Put all these developments together and it becomes clear that Indian states are also geopolitical and geoeconomic entities. In the past, I’ve written how Australia gets around its low diplomatic corps strength by allowing its states to have their own trade and investment offices in other countries. India too should take this path, and encourage state governments to have permanent trade and investment desks in important business centres of the world.This view is not a popular one. The policy orthodoxy believes that since foreign affairs is under the Union List of the Seventh Schedule in the constitution, states have no role to play. Besides, state governments having their own foreign policy is at odds with the popular “one nation, one X” idea.But in my view, economic diplomacy by Indian states can be beneficial to all relevant stakeholders. It is in the states’ interest because they understand their comparative advantages, needs and challenges far better than the union government. Thus, they can choose to invest in external economic relations that are suited to their conditions.Economic paradiplomacy can also benefit the investors as they get to directly engage with the entity that controls crucial variables for running businesses, such as land, labour, electricity, and law and order.And finally, this strategy can benefit the union government as well. It frees up the already strained capacity of the external affairs and commerce ministries for broader issues. The role of states in the India-Israel relationship demonstrates that there is also a political utility:“Full diplomatic ties were established between India and Israel in 1992. Even after this move, collaboration with Israel was seen as a hot potato issue in India. The domestic implications of taking sides in what was essentially a religious conflict was a significant impediment to the ties taking off. A few Members of Parliament criticised this step on humanitarian grounds, arguing that New Delhi should have waited until an independent Palestinian state came into being. Some members of the ruling Indian National Congress feared that this step would be detrimental to their electoral appeal to the Indian Muslim community. The Babri Masjid riots further thickened the plot and the Indian government slowed down the pace of the partnership.It was under these circumstances that the Indian states were allowed to expand Indian collaboration with Israel. Traditionally, Indian states were kept out of India’s foreign policy debates. Even the Constitution assigned all matters of legislation related to foreign policy exclusively to the Union government. Consequently, the proliferation of collaboration between Indian states with Israel was a bold and unique experiment by the PV Narasimha Rao government. While this allowed relations to prosper, it also avoided the politico-religious undertones that would have been hard to suppress had this engagement been anchored by the Union government alone.”And so, economic diplomacy by the states is a win-win-win. For an India with global interests, its states have to come to the party. Should they be invited?HomeWorkReading and listening recommendations on public policy matters[Book] Dr Govinda Rao’s Studies in Indian Public Finance is a must-read for policy enthusiasts. I really hope OUP prices it such that the common Public can Finance the book purchase. Nevertheless, the book links to some classics in public finance. Here’s the compilation: Public Principles of Public Debt by James Buchanan, Public Finance and Public Choice: Two Contrasting Visions of the State by James Buchanan and Richard Musgrave, The Logic of Collective Action: Public Goods and the Theory of Groups by Mancur Olson, Public Finance in Theory and Practice by Richard and Peggy Musgrave, The Power to Tax: Analytic Foundations of a Fiscal Constitution by Brennan and Buchanan, The Calculus of Consent by James Buchanan, The Road to Serfdom by Hayek, and Democracy, Dictatorship, and Development by Mancur Olson.[Prediction Market] We’ve written previously about the utility of prediction markets in foreign policy. Check out this US-government project that is explicitly meant to ‘build a collective foresight capability that can provide U.S. Government policymakers with an accurate and nuanced rendering of the future’.[Report] Putting the Periphery at the Center by Happymon Jacob makes some excellent recommendations on Indian Paradiplomacy. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit publicpolicy.substack.com
Welcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: Manafold Markets is out of mana
Link to original articleWelcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: Manafold Markets is out of mana
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Glen Weyl is Microsoft's Office of the Chief Technology Officer Political Economist and Social Technologist (OCTOPEST), where he advises Microsoft's senior leaders on macroeconomics, geopolitics and the future of technology. Glen also co-authored Radical Markets: Uprooting Capitalism and Democracy for a Just Society; a book about "Revolutionary ideas on how to use markets to bring about fairness and prosperity for all". In our conversation, we discuss — Quadratic voting and funding The new political divides of the 21st century What the history of personal computing teaches us about the possibility of shaping technological progress Glen's impression of rationalism, effective altruism and longtermism Why and how longtermism should be more generative of new ideas Underrated thinkers relevant for today
نویسنده: اریک پوزنر/ گلن ویل متن: عباس سیدین | روایت: علی بندری تدوین: امید صدیقفر | موسیقی : پیمان عربزاده مرچندایز بیپلاس وبلاگ بیپلاس یوتیوب بیپلاس کتابهای بیپلاس را از اینجا بخرید. پشتیبانی از بیپلاس با تشکر از اسپانسرهای این اپیزود: جیپلاس شیپور عضویت در خبرنامهی بیپلاس
Glen Weyl speaks to Forum Fellow Nicolas Wittstock about his work with RadicalXchange and the reform agenda they propose. In his 2018 book with Eric Posner, Glen Weyl suggests radical reforms to private property, the voting system, immigration, antitrust policy, and the way that technology companies handle data. In this podcast, Glen reflects on the motivations behind the reform agenda laid out, the effects that the policy ideas have had thus far, and how his thinking has evolved.
In celebration of his new book "Hope Runners of Gridlock", we chat to polymath Simon de la Rouviere about designing new economies, never ending stories, Metamodernism and maintaining hope!Buy the book! https://blog.simondlr.com/posts/hope-runners-of-gridlockFollow Simon's writings! https://blog.simondlr.com/Follow Simon! https://twitter.com/simondlr
Glen Weyl, author of Radical Markets, joins the show to discuss his incredible book, ETH + BTC, and how the world can change through radical approaches to fundamental parts of life. Patrick Laird of the Miami Dolphins joins the show as well. https://www.radicalxchange.org/ https://www.amazon.com/Radical-Markets-Uprooting-Capitalism-Democracy/dp/0691177503 www.patreon.com/taekcast See omnystudio.com/listener for privacy information.
Meet the RadicalxChange(s) podcast and its hosts Jennifer Morone and Matt Prewitt. Jennifer Lyn Morone is RadicalxChange Foundation's CEO and a multidisciplinary visual artist, activist, and filmmaker. Her work focuses on the human experience with technology, economics, politics, and identity, and the moral and ethical issues that arise from such systems. Her interests lie in exploring ways of creating social justice and equal distribution of the future. Morone is a trained sculptor with BFA from SUNY Purchase and earned her MA in Design Interactions at the Royal College of Art in London with Dunne and Raby. Her work has been presented at institutions, festivals, museums, and galleries around the world, including ZKM, Kunsthalle Düsseldorf, Ars Electronica, HEK, the Martin Gropius Bau, the Science Gallery, Transmediale, SMBA, Carroll/Fletcher Gallery, panke.gallery, Aksioma, Drugo more, and featured extensively on international media outlets such as The Economist, WIRED, WMMNA, Vice, the Guardian, BBC World News, Tagesspiegel, Netzpolitik, the Observer.Matt Prewitt is RadicalxChange Foundation's president, a writer and blockchain industry advisor, and a former plaintiff's side antitrust and consumer class action litigator and federal law clerk.This trailer featured RadicalxChange(s) interviews with Fred Turner, Jo Guldi, and Tom Atlee. Credits• Production by Angela Corpus and Jennifer Morone• Editing and Sound Engineering by Jennifer Morone• Music by MagnusMoone “Wind in the Willows” is licensed under a Attribution-NonCommercial-ShareAlike 3.0 International License (CC BY-NC-SA 3.0) If you like this podcast you might also like our other series called “RadicalxChange Replayed.” RadicalxChange is a global movement for next-generation political economies. It advances plurality, equality, community, and decentralization through upgrades of democracy, markets, the data economy, the commons, and identity. Find out more about RadicalxChange at www.radicalxchange.org. Founded by Glen Weyl during the wake of public discussion about his book “Radical Markets” in 2018, RadicalxChange Foundation is a 501(c)(3) nonprofit dedicated to advancing the RxC movement, building community, and educating about democratic innovation. Please support RadicalxChange Foundation and productions like this with a crypto or PayPal donation.
Paris Marx is joined by Salomé Viljoen to discuss existing proposals to expand individual data rights or treat it as a form of labor, why we instead need to see data governance as a collective democratic project, and how that would give us the power to decide what data is collected and what it’s used for.Salomé Viljoen is an affiliate at Berkman Klein Center for Internet and Society at Harvard University, and a joint postdoctoral fellow at NYU School of Law’s Information Law Institute and the Cornell Tech Digital Life Initiative. Follow Salomé on Twitter as @salome_viljoen_.Tech Won’t Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Follow the podcast (@techwontsaveus) and host Paris Marx (@parismarx) on Twitter, and support the show on Patreon.Find out more about Harbinger Media Network at harbingermedianetwork.com.Also mentioned in this episode:Read Salomé article about data egalitarianism for Phenomenal World.People who write about informational capitalism: Shoshana Zuboff and Nick Couldry on one side, and Jathan Sadowski and Julie Cohen on the side that Salomé prefers.People talking about data as property or labor: Andrew Yang through the Data Dividend Project, Eric Posner and Glen Weyl in “Radical Markets,” and Jaron Lanier.Proto-data egalitarian examples: Andrea Nahler’s proposal for a civic data trust, Barcelona’s civic data trust, the US Census, and learning from libraries’ management of public information.Support the show (https://patreon.com/techwontsaveus)
Chain Reaction Host Jose Maria Macedo hosts Glen Weyl, economist and Principal Researcher at Microsoft. Glen Weyl famously wrote Radical Markets, one of the most original and creative economic treatises of our time. One of the book’s most vocal fans was Vitalik himself, and Vitalik and Glen have since collaborated on multiple initiatives, including the original Quadratic Funding paper which later spawned Gitcoin. Glen has also founded a social movement called RadicalxChange Foundation which seeks to implement his ideas. In this conversation, Glen explores his novel economic ideas and how they can be used to create new social technologies that solve some of today’s hardest problems. - Show Notes: (1:08) – Basic Ideas – Capitalism and Central Planning. (2:10) – Factors that contribute to The Decline in Productivity, combined with the Inequality (Stagnant Quality). (4:07) – Inequality, a bigger problem than a feature. (7:11) – Insights about Property being Monopoly / Solutions. (12:55) – Quadratic Finance / How do we democratize Markets. (14:56) – Insights about Private Property as a core part of Capitalism. (19:24) – Bring Markets to Democracy. (22:59) – Quadratic Voting. (28:16) – Systems of Corporations vs Systems of Central Planning. (30:03) – Governance, the different systems that have existed in the US and UK. (33:07) – Implementations of Governance in the Crypto Space. (35:24) – Fund collect goods in order to make Taxation more efficient. (38:28) – Coercion, a part of supplying Public Goods. (40:40) – Insights about Data Monopoly / Crypto as a possible solution. (49:20) – iEmbrace Contradictions! (50:44) – A global social movement called RadicalxChange. (53:33) – Books that have influenced Glen Weyl the most. (54:11) – Favorite Film, Sorry to Bother You by Boots Riley. Resources: Guest’s Twitter: https://twitter.com/glenweyl Guest’s Website: https://twitter.com/Microsoft Jose’s Twitter: https://twitter.com/zemariamacedo Delphi Podcast Twitter: https://twitter.com/PodcastDelphi More Our Video interviews Can Be Viewed Here: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43Q Access Delphi’s Research Here: https://www.delphidigital.io/ Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host may personally own tokens that are mentioned on the podcast. Lets Talk Bitcoin is a distribution partner for the Chain Reaction Podcast, and our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product or service. Delphi’s transparency page can be viewed here.
Rebecca Henderson is the John and Natty McArthur University Professor at Harvard, where she specializes in innovation and organizational change. Her newest book "Reimagining Capitalism in a World on Fire" examines how capitalism might be reworked so as to strive for a greener, more equitable future. "Reimagining Capitalism" was named to the shortlist of the Financial Times and McKinsey Business Book of the Year Award, and has received high praise from both academia and industry. Many scholars have argued that capitalism is at a crossroads, as the climate crisis and soaring inequality pose problems that the free market has proven to be incapable of solving. Professor Henderson points to Milton Friedman and the Chicago school of economics as the origin of these issues. As businesspeople adopted shareholder value maximization as their primary goal, and proponents of free market capitalism attacked government and regulation, capitalism spiralled out of control. How can businesses balance social responsibility and profitability? What changes need to be made to our current form of capitalism? And can the system truly be reformed? These are the questions that led Professor Henderson to write Reimagining Capitalism. In this interview, we explore these questions and more, diving into Professor Henderson’s insights as well as the research that informed her conclusions. We begin with Professor Henderson’s vision of “purpose-driven capitalism,” in which businesses place profit maximization on equal footing with serving society. How feasible is such an idea? Are there any real-world examples of businesses embracing this philosophy? Professor Henderson argues that, in many cases, the interests of business align with the interests of society. One of Professor Henderson’s key insights is that business and strong political institutions are complements – not adversaries. In opposition to the classical view of government as detrimental to economic efficiency, Professor Henderson argues that businesses benefit from capable government and regulation. What does this mean for tech giants like Facebook and Google? We discuss potential antitrust activity against these companies, and how it might be carried out in a responsible manner. Finally, we place Professor Henderson’s research alongside other recent books about capitalism: Thomas Piketty’s "Capital in the Twenty-First Century", Branko Milanovic’s "Capitalism, Alone", Nicholas Lemann’s "Transaction Man", Katharina Pistor’s "The Code of Capital", Glen Weyl on "Radical Markets"… How does "Reimagining Capitalism" differ in its approach to reforming capitalism? What makes Professor Henderson’s insights unique from that from academic economists?
In this episode, Joel Fariss - a design research and strategic futures associate at Gensler (https://www.linkedin.com/in/joelfariss/) - and I discuss the nuances of the word “design” in light of 2020 and the future of work and innovation. Based on his experience at Gensler and in the nonprofit world, we dive into the connection between design and value for humanity, the need for time and space for humans to innovate, and the role of grief to create a more equitable work environment. Visit https://satchel.works/@wclittle/ventures-episode-21 for detailed notes and links to resources (videos, articles, etc…) mentioned. You can watch this episode via video here. In this episode we cover the following: 2:40 - Joel intro, design and his journey into Gensler. Design “as a mental model for perceiving the world”. 6:18 - How does Joel think about and define “Design” more broadly? In thinking about the trajectory of human civilization, check out The Ascent of Humanity by Charles Eisenstein.11:53 - Thoughts about design as a software engineer.19:30 - Why we do what we do. The importance of the heuristic of “how am I contributing to humanity”? In thinking about the trajectory of human civilization, check out The Ascent of Humanity by Charles Eisenstein.21:43 - Will as a grad student, thinking about time efficiency, practicality, contributions to society, and designing experiments.23:18 - Standing on the shoulder of giants. Where good ideas come from. The adjacent possible. 25:28 - Thoughts around the future of work and humanity in light of the pandemic. 36:48 - Where does humanity need to go? What needs to be introduced into the Future of Work conversation to benefit humanity? Some great reads regarding work: Brave New Work, Theory and Practice of Resistance to Work, Bullshit Jobs, Can't Even, Dying for a Paycheck, Humanocracy, and Reinventing Organizations. On data, value creation, and future economics check out Who Owns the Future, Radical Markets, Neo Feudalism, Debt, and The Post American World.43:04 - Doing what we can as society to give people more time, which can lead to adjacent possibilities. At the heart of innovation, what has Joel seen “not work” and what has he seen that is promising?49:06 - From a DE&I perspective, what has Joel seen in light of the pandemic and changing landscape of work and design? We talk about the role of grief as an important part of the work environment. To learn more about what grief is and why it is so important, read The Wild Edge of Sorrow by Francis Weller.55:01 - Where can people find more about Joel online? http://joelfariss.com // https://twitter.com/joelfariss // https://instagram.com/joel.fariss/
Radical Markets was only a first step in radically improving social technology. But it propagated the central mistakes of assuming an atomized individual identity. By formalizing human identity's fundamentally social nature, truer to the richness of our diversely shared lives, Glen Weyl sketches how we can build better institutions to create systems for facilitating cooperation across difference. SPEAKERE. Glen Weyl is a political economist and social technologist whose work focuses on harnessing computers and markets to create a radically equal and cooperative society. He is the Founder and Chairman of the RadicalxChange Foundation, a Principal Researcher at Microsoft Research, and a lecturer at Princeton University. Glen was recently honored as a Bloomberg Top 50, one of Wired Magazine’s 25 leaders shaping the next 25 years of technology, and one of Coindesk’s most influential people in blockchain for 2018.
In this episode of our Money Reimagined podcast, Sheila Warren and Michael Casey speak with two outside-the-box thinkers on their ideas for improving governance. Quadratic Voting and Open AuctionsOne of our guests was Glen Weyl, the political economist and Principal Researcher at Microsoft Research New England, who co-authored the book “Radical Markets” with University of Chicago Law School professor Eric Posner. We chose to focus on just two of the many ideas that that book puts forward. One is quadratic voting, which allows people not only to vote for or against a particular issue but to express how strongly they hold that view by buying extra votes – up to a certain limit of assigned credits. The cost in credits of each additional vote increases by a quadratic formula. It's designed to help small groups of voters who care deeply about particular issues while still constraining them from overly skewing results.Weyl has also worked on a variation of the concept with Ethereum founder Vitalik Buterin called quadratic funding, which in theory could diminish the influence of wealthy “whales” in voting systems that are based on financial holdings or contributions. The second big idea we explored is that of perpetual open auctions. Here, every bit of property, including what we might otherwise think of as public property, is owned by private entities with the proviso that it is always up for auction and that the majority of the value created from it is shared equally among citizens as a social dividend. Weyl and Posner argue that such an arrangement would incentivize owners to manage the property well, and that the wider distribution of wealth creation would give a greater number of people the wherewithal to start businesses. It would also be easier to develop land for infrastructure, such as high-speed rail lines, because the developer could easily acquire it. Both of these ideas are rooted more in legal and process innovation than in software and distributed computing per se. But they intersect nicely with concepts associated with the crypto and blockchain space. One is the potential for self-sovereign identity models to prevent people from gaming quadratic voting. Another is the potential enhancements that smart contracts, non-fungible token-based property, and decentralized finance (DeFi) concepts such as automated market-making might bring to open auctions. Also, quadratic funding might fix free-rider problems in blockchain projects, Buterin believes. Smart taxationOur other guest was Jeff Saviano, the global lead of tax innovation at EY. He is a member of the Prosperity Collaborative, within which organizations such as the World Bank, MIT Media Lab's Connection Sciences lab and the New America Foundation are working with governments to improve transparency and efficiency in the collection and distribution of taxes. Saviano talks of how blockchain-based tracing systems might not only give taxpayers a transparent view of how their taxes are being spent but also incorporate programmability. For example, the actual, uniquely identified dollars that you contribute could be channeled directly and transparently into identifiable services that immediately benefit you and your community. Or, governments could use smart contracts to put hard constraints on those dollars, so only certain categories of expenditure, and not others, are enabled.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In our weekly Money Reimagined podcast, Sheila Warren and I talked to two outside-the-box thinkers on their ideas for improving governance. Quadratic Voting and Open AuctionsOne of our guests was Glen Weyl, the political economist and Principal Researcher at Microsoft Research New England, who co-authored the book “Radical Markets” with University of Chicago Law School professor Eric Posner. We chose to focus on just two of the many ideas that that book puts forward. One is quadratic voting, which allows people not only to vote for or against a particular issue but to express how strongly they hold that view by buying extra votes – up to a certain limit of assigned credits. The cost in credits of each additional vote increases by a quadratic formula. It’s designed to help small groups of voters who care deeply about particular issues while still constraining them from overly skewing results.Weyl has also worked on a variation of the concept with Ethereum founder Vitalik Buterin called quadratic funding, which in theory could diminish the influence of wealthy “whales” in voting systems that are based on financial holdings or contributions. The second big idea we explored is that of perpetual open auctions. Here, every bit of property, including what we might otherwise think of as public property, is owned by private entities with the proviso that it is always up for auction and that the majority of the value created from it is shared equally among citizens as a social dividend. Weyl and Posner argue that such an arrangement would incentivize owners to manage the property well, and that the wider distribution of wealth creation would give a greater number of people the wherewithal to start businesses. It would also be easier to develop land for infrastructure, such as high-speed rail lines, because the developer could easily acquire it. Both of these ideas are rooted more in legal and process innovation than in software and distributed computing per se. But they intersect nicely with concepts associated with the crypto and blockchain space. One is the potential for self-sovereign identity models to prevent people from gaming quadratic voting. Another is the potential enhancements that smart contracts, non-fungible token-based property, and decentralized finance (DeFi) concepts such as automated market-making might bring to open auctions. Also, quadratic funding might fix free-rider problems in blockchain projects, Buterin believes. Smart taxationOur other guest was Jeff Saviano, the global lead of tax innovation at EY. He is a member of the Prosperity Collaborative, within which organizations such as the World Bank, MIT Media Lab’s Connection Sciences lab and the New America Foundation are working with governments to improve transparency and efficiency in the collection and distribution of taxes. Saviano talks of how blockchain-based tracing systems might not only give taxpayers a transparent view of how their taxes are being spent but also incorporate programmability. For example, the actual, uniquely identified dollars that you contribute could be channeled directly and transparently into identifiable services that immediately benefit you and your community. Or, governments could use smart contracts to put hard constraints on those dollars, so only certain categories of expenditure, and not others, are enabled.
In this episode, I speak with Glen Weyl about the ideology of artificial of intelligence, central planning, Communist China, and the problem of technocracy. In a wide-ranging conversation we also talk about collaboration, knowledge and experience, decentralization, individualism, and the Ukranian Genocide—and a number of thinkers including James Scott, Alexis de Tocqueville, Georg Simmel, Joseph Ratzinger, and more. We also discuss subways, coffee, complex society, and problem of ignoring the invisible. It was a lot of fun. Glen is an innovative and very interesting the thinker. He is a political economist and social technologist at the office the Technology Officer at Microsoft. He is also the founder of Radical XChange and the co-author, with Eric Posner, of the book Radical Markets. Show Notes: https://www.themoralimagination.com/episodes/glen-weyl
今天要繼續為您開箱的這本新書書名叫⟪激進市場⟫,副標題是:戰勝不平等、經濟停滯與政治動盪的全新市場設計。這上集當中,我們主要探討了一種可能可以有助於釋放資源增加使用效率的方案“COST”,在這一集,我們將繼續探討,一種新的民主治理型態以及「數據勞動合作社」。 你可以在下面連結閱讀文稿:https://medium.com/@channelzkimo/60來開箱-radical-markets激進市場-下-a4cc144bdca6 --- Send in a voice message: https://anchor.fm/u694au6bd4u723e/message
勘誤:26' 存股族,29' 是#58集 今天要為您開箱的這本新書書名叫⟪激進市場⟫,副標題是:戰勝不平等、經濟停滯與政治動盪的全新市場設計。不得不先聲明,這本書他重點是偏向了經濟學與社會學科的路線,跟投資沒有直接的關係。(以上這段是警語,本集節目可能沒有太多投資相關內容)但這本書的作者似乎帶著我們去做了一場思想實驗,在現在普遍習以為常的觀點之外以另類的角度給我們一個「開腦洞」的機會。這也就是它命名為「激進市場」的原因。激進市場的英文版在2018年就已經問世了,在當時就引發了傳統思維的各式抨擊,不得不說,我就是因為唐鳳導讀才會挑這本書的,畢竟大家都知道唐鳳並不是尋常一般人。我想把最前沿的思想介紹給大家。 你可以在下面連結閱讀文稿:https://medium.com/@channelzkimo/59來開箱-radical-markets激進市場-上-bed2208600a --- Send in a voice message: https://anchor.fm/u694au6bd4u723e/message
This is a the recording of a panel I organized and moderated in Febuary 2020 as part of my research fellowship at the Weizenbaum Institute for the Networked Society. The panel critically discusses the expansion of cryptoeconomics into an 'art of government'. The panelists are: - Jaya Klara Brekke (Post-Doc Researcher at the Department of Geography, Durham University) - Benjamin Seibel (Director of the Ideation & Prototyping Lab at the Technologiestiftung Berlin and author of “Cybernetic Government”) - and Martin Köppelmann (Co-founder and CEO of Gnosis) Description: Cryptoeconomics is a design-paradigm that is used, among other things, for the protocol layer of almost all currently existing blockchains. It is intended to generate security guarantees for the reliable execution of these protocols by combining economic incentives/penalties (-economics) with applied computer science (crypto-). Apart from this specific use case in distributed, “decentralized” networks, cryptoeconomic design principles are being promoted by some to be an adequate way of “designing” social interactions and institutions in areas not related to questions of network security. Shownotes: Homepage Weizenbaum Institute for the Networked Society: https://www.weizenbaum-institut.de/en/ Homepage Weizenbaum Research Group 17 (Trust in Distributed Environments): https://weizenbaum-institut.de/en/research/governance-and-norm-setting/trust-in-distributed-environments/ Research Group 17 on Twitter: https://twitter.com/JWI_TruDi Homepage Jaya Klara Brekke: http://www.jayapapaya.net/ Jaya's dissertation homepage: http://distributingchains.info/ ...and the dissertation itself: http://distributingchains.info/wp-content/uploads/2019/06/DisassemblingTrustMachine_Brekke2019.pdf Jaya in episode 6 of Future Histories: https://www.futurehistories.today/episoden-blog/s01e06-jaya-klara-brekke Jaya on Twitter: https://twitter.com/jayapapaya Martin Köppelmann Portrait by his companys blog: https://blog.gnosis.pm/gnosis-portraits-martin-köppelmann-ceo-co-founder-7953211e079a Homepage Gnosis: https://gnosis.io/ Gnosis on Twitter: https://twitter.com/gnosispm?lang=de Martin Köppelmann on Twitter: https://twitter.com/koeppelmann?lang=de Circles on Twitter (Blockchain UBI project initiated by Martin): https://twitter.com/circlesubi?lang=de Homepage Maker DAO: https://makerdao.com/en/ Homepage DAOStack: https://daostack.io/ Benjamin Seibel on Twitter: https://twitter.com/bnjmnsbl?lang=de Homepage Ideation & Prototyping Lab (led by Benjamin): https://lab.technologiestiftung-berlin.de/en/ "Cybernetic Government" by Benjamin Seibel: https://www.springer.com/de/book/9783658124892 Benjamin Seibel in episode 1 of Future Histories: https://www.futurehistories.today/episoden-blog/s01e01-benjamin-seibel "Economic Fables" Ariel Rubinstein (open access): https://www.openbookpublishers.com/product/136 Book "Game Theory: A Critical Introduction" by Hargreaves & Varoufakis: https://www.routledge.com/Game-Theory-A-Critical-Introduction/Hargreaves-Heap-Hargreaves-Heap-Varoufakis-Varoufakis/p/book/9780415250955 Homepage of Ethereum: https://ethereum.org/ Homepage of "Radical Markets" by Weyl & Posner: http://radicalmarkets.com/ Medium article by Vitalik Buterin & Glen Weyl: https://medium.com/@VitalikButerin/liberation-through-radical-decentralization-22fc4bedc2ac If you like Future Histories, you can support the show on Patreon: https://www.patreon.com/join/FutureHistories? Write me via office@futurehistories.today and join the discussion on Twitter (#FutureHistories): https://twitter.com/FutureHpodcast or on Reddit https://www.reddit.com/r/FutureHistories/ www.futurehistories.today
I det femte avsnittet av podden pratar vi om tankesmedjor och vilken roll de tar, eller skulle kunna ta, i den svenska samhällsdebatten. Vad är egentligen en tankesmedja och finns det olika typer? Hur hanterar tankesmedjor balansen mellan forskning och policyhantverk eller politik? Och hur kan tankesmedjor bidra till en mer långsiktig idédebatt?Vi tar även upp ett par böcker. Andreas tipsar om Radical Markets som utmanar både högerns och vänsterns uppfattningar om marknader. På ett angränsande tema pratar vi också om den kommande boken Algoritmmakaren av Tommy Andersson som vi ser fram emot att prata mer om när den kommit ut. Joakim tipsar om On Freedom som problematiserar frihetsbegreppet genom att exempelvis belysa hur ökat utbud och fler valmöjligheter påverkar människors förmåga att navigera i olika situationer. Andreas drar en parallell till boken The Paradox of Choice.Länkar:Radical Markets av Eric Posner och Glen WeylAlgoritmmakaren av Tommy AnderssonOn Freedom av Cass SunsteinThe Paradox of Choice av Barry Schwartz See acast.com/privacy for privacy and opt-out information.
My guest today is Glen Weyl: co-author of Radical Markets, founder of the RadicalxChange movement, Ph.D. in economics from Princeton, and in his spare time, works as Microsoft’s Chief Technology Political Economist and Social Technologist (OCTOPEST).In our conversation, we explore:How social technologies and economic institutions shape our physical, mental, and social livesThe myth of individualismHow does RadicalxChange compare & contrast with Piketty’s progressive taxation approach?How to design markets beyond neoliberalism, as mechanisms for complexityUBI, the role of art and artists in creating movements, and a lot more.
Today, I’m speaking with Dr. Alex Williams. Alex is co-author of the fantastically provocative book, titled: Inventing the Future: Postcapitalism and a World Without Work. He’s also coauthor of a forthcoming book titled Hegemony Now, which updates Antonio Gramasci’s theory of how power operates in societies in light of complexity science. When he’s not writing, he’s a lecturer at the University of East Anglia in the UK. Alex and I discuss his book on post capitalism, including things like full automation, universal basic income, and shortening the working week. We discuss the role of education in how it conditions our ability to imagine radically different futures, and we discuss specific policy ideas, like Thomas Piketty’s work on progressive taxation, Glen Weyl’s work on Radical Markets, and more broadly asking what can we do, from an institutional standpoint, to reclaim the vibrancy and vitality of our possible futures.
Matt Prewitt (@m_t_prewitt) joins Erik Torenberg (@eriktorenberg) to discuss RadicalxChange, the future of nation states and corporations, data privacy, and improving democracy.
Bit of a Tangent is back! In this episode, Jared shares the 19 ideas he couldn't stop thinking about in 2019, whilst Gianluca does two B-grade Joe Rogan impressions. Together, they discuss everything from mechanism design to personal fitness hacks, and throw in some recommendations for supercharging your learning in the new year. Strap yourselves in for a taste of the fascinating conversations that lie ahead in 2020! --------------- Shownotes: --------------- Jared (twitter.com/jnearestn) and Gianluca (twitter.com/QVagabond) on Twitter Jared's Twitter thread (19 ideas I couldn't stop thinking about in 2019): https://twitter.com/jnearestn/status/1211681767742156803 Eliezer Yudkowsky's Sequences: https://wiki.lesswrong.com/wiki/Sequences Meditations on Moloch: https://slatestarcodex.com/2014/07/30/meditations-on-moloch/ Radical Markets: https://www.goodreads.com/book/show/36515770-radical-markets 007 | Game Theory, Alignment, and Civilisational Inadequacy: https://www.podtangent.com/e/007-game-theory-alignment-and-civilisational-inadequacy/ Glen Weyl on Twitter: https://twitter.com/glenweyl Mechanism design: https://en.wikipedia.org/wiki/Mechanism_design Tyler Cowen on Twitter: https://twitter.com/tylercowen Surfing Uncertainty by Andy Clark: https://www.goodreads.com/book/show/25823558-surfing-uncertainty Fast.AI courses: https://www.fast.ai/ When someone tries to “Euler” you: https://slatestarcodex.com/2014/08/12/does-race-exist-does-culture/ Body by Science, by Little and McGuff: https://www.goodreads.com/book/show/4642174-body-by-science FitNotes app for Android: https://www.fitnotesapp.com/ All Debates are Bravery Debates on SlateStarCodex: https://slatestarcodex.com/2013/06/09/all-debates-are-bravery-debates/ Tim Ferriss on Twitter: https://twitter.com/tferriss Naval Ravikant on Twitter: https://twitter.com/naval 011 | Slack, attention and focus: https://www.podtangent.com/e/slack-attention-and-focus-or-why-more-is-less/ 010 | Flow states, optimal performance, and PhD hunter-gathering: https://www.podtangent.com/e/010-flow-states-optimal-performance-and-phd-hunter-gathering Michael Nielsen on Twitter: https://twitter.com/michael_nielsen Anki for spaced repetition: https://apps.ankiweb.net/ 013 | How To Learn Anything: https://www.podtangent.com/e/013-how-to-learn-anything/ The 7 +-2 principle for memory: https://en.wikipedia.org/wiki/The_Magical_Number_Seven,_Plus_or_Minus_Two Chunking: https://en.wikipedia.org/wiki/Chunking_(psychology) The Elephant in the Brain by Kevin Simler, Robin Hanson: https://www.goodreads.com/book/show/28820444-the-elephant-in-the-brain Inadequate Equilibria by Eliezer Yudkowsky: https://www.goodreads.com/book/show/36606376-inadequate-equilibria Robin Hanson on Twitter: https://twitter.com/robinhanson Awareness by Anthony de Mello: https://www.goodreads.com/book/show/94318.Awareness The Cook and the Chef on WaitButWhy: https://waitbutwhy.com/2015/11/the-cook-and-the-chef-musks-secret-sauce.html Sam Harris on Twitter: https://twitter.com/SamHarrisOrg Sam's Waking Up app: https://wakingup.com/
Balaji Srinivasan (@balajis), angel investor and entrepreneur, and Glen Weyl (@glenweyl), economist, Principal Researcher at Microsoft, and author of Radical Markets, join Erik for a fireside chat. They talk about:- On which topics they agree or disagree.- Some of their favorite thinkers.- Glen’s critique of the libertarian view of the world.- Balaji’s concept of a person’s whitelist, blacklist, and greenlist.- What they would change about property law.- Quadratic finance and quadratic voting.- Why there is almost no area where the nation-state is the optimal governance entity.Remember to apply for the winter vintage of our Network Catalyst accelerator! It is a personalized program that features masterclasses from some of the best in Silicon Valley and a dedicated network leader focused on making the introductions you need to turbocharge your company. You can participate in-person in San Francisco or virtually from anywhere around the world. Find out more and apply at villageglobal.vc/networkcatalyst.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.Venture Stories is brought to you by Village Global, is hosted by co-founder and partner, Erik Torenberg and is produced by Brett Bolkowy.
Balaji Srinivasan (@balajis), angel investor and entrepreneur, and Glen Weyl (@glenweyl), economist, Principal Researcher at Microsoft, and author of Radical Markets, join Erik for a fireside chat. They talk about:- On which topics they agree or disagree.- Some of their favorite thinkers.- Glen’s critique of the libertarian view of the world.- Balaji’s concept of a person’s whitelist, blacklist, and greenlist.- What they would change about property law.- Quadratic finance and quadratic voting.- Why there is almost no area where the nation-state is the optimal governance entity.Remember to apply for the winter vintage of our Network Catalyst accelerator! It is a personalized program that features masterclasses from some of the best in Silicon Valley and a dedicated network leader focused on making the introductions you need to turbocharge your company. You can participate in-person in San Francisco or virtually from anywhere around the world. Find out more and apply at villageglobal.vc/networkcatalyst.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.Venture Stories is brought to you by Village Global, is hosted by co-founder and partner, Erik Torenberg and is produced by Brett Bolkowy.
Roland Ringgenberg is an Independent Digital Architect shaping our digital world with a current focus on Eclesia, a dapp for increasing trust in a decentralized collector's marketplace. In this episode you'll learn more about creating tomorrow's radical markets of the Web 3.0 based on Hedera. Here is a link to the book by Glen Weyl & Eric Posner that Roland mentioned on Radical Markets, where you can also find a PDF version of chapter 1: https://press.princeton.edu/titles/11222.html You can find the blog post on Deep Fakes mentioned by Paul Madsen here: https://www.hedera.com/blog/using-distributed-ledgers-to-combat-deepfakes
Welcome to the fifteenth episode of the Palladium Podcast, where we explore the future of governance and society. This week, Jonah Bennett, Wolf Tivy, and Ash Milton interview Glen Weyl, founder and board member of RadicalxChange and Senior Principal Researcher at Microsoft, about his book Radical Markets, where he introduces new ways of re-imagining property ownership and voting.
Erik is joined on this episode by Glen Weyl (@glenweyl), founder of RadicalxChange and co-author of Radical Markets, and Tomer Kagan (@Gradish), co-founder and CEO of Merit.They discuss:- What they’re working on in the space and how it will change how identity works in the future- How to think about what makes up someone’s identity, including elements that are self-declared and those that can be independently verified- Glen’s point that the internet is missing two crucial elements: a truth function and a dignity function- How the world will be different if their projects succeed- Pseudonymous identities- The problem with large-scale identity or reputation systems, like the Chinese government or Uber have created- Why blockchain is the wrong answer to the right question when it come to identity, and the idea that “most truth is local, not global”- What they are still trying to figure out in the spaceThanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.Venture Stories is brought to you by Village Global, is hosted by co-founder and partner, Erik Torenberg and is produced by Brett Bolkowy.
Erik is joined on this episode by Glen Weyl (@glenweyl), founder of RadicalxChange and co-author of Radical Markets, and Tomer Kagan (@Gradish), co-founder and CEO of Merit.They discuss:- What they’re working on in the space and how it will change how identity works in the future- How to think about what makes up someone’s identity, including elements that are self-declared and those that can be independently verified- Glen’s point that the internet is missing two crucial elements: a truth function and a dignity function- How the world will be different if their projects succeed- Pseudonymous identities- The problem with large-scale identity or reputation systems, like the Chinese government or Uber have created- Why blockchain is the wrong answer to the right question when it come to identity, and the idea that “most truth is local, not global”- What they are still trying to figure out in the spaceThanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.Venture Stories is brought to you by Village Global, is hosted by co-founder and partner, Erik Torenberg and is produced by Brett Bolkowy.
Which conceptions of the political are inscribed in blockchain technologies? What is cryptoeconomics? And what does it look like if we disassemble the blockchain truth machine?Shownotes:Jaya's research homepage:http://distributingchains.info/Download Jaya's Dissertation here:Brekke, Jaya Klara. 2019. Disassembling the Trust Machine. Geography Department, Durham University:http://distributingchains.info/wp-content/uploads/2019/06/DisassemblingTrustMachine_Brekke2019.pdfJaya's general homepage:http://www.jayapapaya.net/Jaya on Twitter:https://twitter.com/jayapapayaWiki of Bitcoin:https://en.wikipedia.org/wiki/BitcoinWiki of Bitcoin Cash:https://en.wikipedia.org/wiki/Bitcoin_CashHomepage of Ethereum:https://www.ethereum.org/Reddit page of Etherum's fork Ethereum Classic:https://www.reddit.com/r/EthereumClassic/Wiki of “The DAO” (first Decentralized Autonomous Organization on Ethereum):https://en.wikipedia.org/wiki/The_DAO_(organization)Paper on The DAO by Quinn DuPont:DuPont, Quinn. 2017. “Experiments in Algorithmic Governance: A history and ethnography of ‘The DAO', a failed Decentralized Autonomous Organization”. In Bitcoin and Beyond: Cryptocurrencies, Blockchains and Global Governance herausgegeben von Campbell-Verduyn, Malcolm. London: Routledge:https://www.researchgate.net/publication/319529311_Experiments_in_Algorithmic_Governance_A_history_and_ethnography_of_The_DAO_a_failed_Decentralized_Autonomous_OrganizationHaraway, Donna. 2016. Staying with the Trouble. Durham: Duke University Press:https://www.dukeupress.edu/staying-with-the-troubleWeyl, Glen und Eric A. Posner. 2018. Radical Markets. Princeton: Princeton University Press:https://press.princeton.edu/titles/11222.htmlHomepage of the book "Radical Markets":http://radicalmarkets.com/Vitalik Buterin Talk at the RadicalXChange Conference:https://www.youtube.com/watch?v=WIs8zjLDZrQ If you like Future Histories please consider supporting the show on Patreon:https://www.patreon.com/join/FutureHistories?Get in touch: office@futurehistories.today or via Twitter (#FutureHistories):https://twitter.com/FutureHpodcasthttps://www.youtube.com/c/FutureHistoriesPodcasthttps://www.reddit.com/r/FutureHistories/ Episode Keywords:#JayaKlaraBrekke, #JanGroos, #Blockchain, #PolitischeÖkonomie, #Zukunft, #Cryptoeconomics, #Netzwerk, #Netzwerke, #DezentralisierteNetzwerke, #Etherum, #Algorithmen, #AlgorithmischesRegieren, #DasRegierenDerAlgorithmen, #FutureHistoriesInternational
Which conceptions of the political are inscribed in blockchain technologies? What is cryptoeconomics? And what does it look like if we disassemble the blockchain truth machine?Shownotes:Jaya's research homepage:http://distributingchains.info/Download Jaya's Dissertation here:Brekke, Jaya Klara. 2019. Disassembling the Trust Machine. Geography Department, Durham University:http://distributingchains.info/wp-content/uploads/2019/06/DisassemblingTrustMachine_Brekke2019.pdfJaya's general homepage:http://www.jayapapaya.net/Jaya on Twitter:https://twitter.com/jayapapayaWiki of Bitcoin:https://en.wikipedia.org/wiki/BitcoinWiki of Bitcoin Cash:https://en.wikipedia.org/wiki/Bitcoin_CashHomepage of Ethereum:https://www.ethereum.org/Reddit page of Etherum's fork Ethereum Classic:https://www.reddit.com/r/EthereumClassic/Wiki of “The DAO” (first Decentralized Autonomous Organization on Ethereum):https://en.wikipedia.org/wiki/The_DAO_(organization)Paper on The DAO by Quinn DuPont:DuPont, Quinn. 2017. “Experiments in Algorithmic Governance: A history and ethnography of ‘The DAO', a failed Decentralized Autonomous Organization”. In Bitcoin and Beyond: Cryptocurrencies, Blockchains and Global Governance herausgegeben von Campbell-Verduyn, Malcolm. London: Routledge:https://www.researchgate.net/publication/319529311_Experiments_in_Algorithmic_Governance_A_history_and_ethnography_of_The_DAO_a_failed_Decentralized_Autonomous_OrganizationHaraway, Donna. 2016. Staying with the Trouble. Durham: Duke University Press:https://www.dukeupress.edu/staying-with-the-troubleWeyl, Glen und Eric A. Posner. 2018. Radical Markets. Princeton: Princeton University Press:https://press.princeton.edu/titles/11222.htmlHomepage of the book "Radical Markets":http://radicalmarkets.com/Vitalik Buterin Talk at the RadicalXChange Conference:https://www.youtube.com/watch?v=WIs8zjLDZrQ If you like Future Histories please consider supporting the show on Patreon:https://www.patreon.com/join/FutureHistories?Get in touch: office@futurehistories.today or via Twitter (#FutureHistories):https://twitter.com/FutureHpodcasthttps://www.youtube.com/c/FutureHistoriesPodcasthttps://www.reddit.com/r/FutureHistories/ Episode Keywords:#JayaKlaraBrekke, #JanGroos, #Blockchain, #PolitischeÖkonomie, #Zukunft, #Cryptoeconomics, #Netzwerk, #Netzwerke, #DezentralisierteNetzwerke, #Etherum, #Algorithmen, #AlgorithmischesRegieren, #DasRegierenDerAlgorithmen, #FutureHistoriesInternational
🗨️ Telegram channel - https://t.me/progressbarpodcast🎧 Spotify🎧 Apple Podcasts🎥- Youtube - https://www.youtube.com/playlist?list=PLfCtn83lMV3CzkXkGdkdUnNZvD5c4hBbC🐬 RSS - https://api.substack.com/feed/podcast/10023.rss📧 Newsletter - https://pppp.substack.com/Navštívte Progressbar - cowork a hackerspace v BratislaveCrypto komunita a technologické meetupy, voľné stoly v coworku____________________________________🌐 - https://cowork.progressbar.sk🗨️ Telegram Channel - https://t.me/coworkprogressbarEvents - https://www.facebook.com/progressbar/eventsInstagram - https://www.instagram.com/progressbar_skFacebook - https://www.facebook.com/progressbarRent Meeting Room - https://cowork.progressbar.sk/meeting-room-cowork-bratislavaRent Fixdesk in Cowork - https://cowork.progressbar.sk/fixdesk-cowork-bratislavaSupport community - https://cowork.progressbar.sk/pay____________________________________Disclaimer:Obsah tohto podcastu je čisto zábavného charakteru. Nie je investičným ani finančným odporučením. Kryptomeny sú veľmi rizikové a experimentálne aktívum, nemali by ste preto do nich dávať ani o chlp viac peňazí než si môžete dovoliť stratiť.____________________________________Hostia:~ Matej Nemček (Wao) ~https://twitter.com/yangwaohttps://hypersignal.xyzhttps://cowork.progressbar.skhttps://facebook.com/matej.wao.nemcekhttps://t.me/yangwaohttps://instagram.com/yangwaoMattia Gagliardihttps://twitter.com/mattigagshttps://www.linkedin.com/in/mattia-gagliardi-9654a413b/Kto si, akú máš históriu?Ako si sa dostal ku kryptu?Viem, že aktuálne participuješ v https://zeeprime.capital/, aká je tam tvoja úloha? Aký foundri sú tvôji obľubení?Čo ťa zaujíma okolo VCs a krypta ako takého? Aké sú tvoje najobľúbenejšie stratégie pri investovaní do projektov, na čo sa pozerať? Aké tézy ťa priťahujú na krypte a prečo? https://github.com/PierreRochard/bitcoin-investment-thesesKtorý z mnohých web3 revenue primitives sú pre teba najatraktívnejšie a prečo?https://github.com/FEMBusinessModelsRing/web3_revenue_primitivesContinuous Organizations - https://github.com/FEMBusinessModelsRing/web3_revenue_primitives#continuous-funding-modelshttps://medium.com/@thibauld/introducing-continuous-organizations-22ad9d1f63b7 Radical Markets - https://github.com/FEMBusinessModelsRing/web3_revenue_primitives#radical-markets Get on the email list at pppp.substack.com
David Friedman (daviddfriedman.com), economist and author, joins Erik on this episode. He is the son of Milton Friedman and the father of former guest, Patri Friedman.They cover a lot of ground in this episode, including:- The rationale for privatizing government and the failures of the existing system.- What it would look like to have a fully privatized government, including how a private substitute for police and defense would work.- Why he is not a utilitarian and the framework he uses to figure out what is right and wrong.- How he would approach collective-action problems like global warming and nuclear proliferation.- His perspective on inequality and his explanation for why people look to relative measures of affluence rather than absolute measures.- How you would deal with punishment and criminals in a market-based society.- And much more, including Glen Weyl’s Radical Markets, Tyler Cowen’s Stubborn Attachments, fake news, ISAs and restorative justice.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.Venture Stories is brought to you by Village Global, is hosted by co-founder and partner, Erik Torenberg and is produced by Brett Bolkowy.
David Friedman (daviddfriedman.com), economist and author, joins Erik on this episode. He is the son of Milton Friedman and the father of former guest, Patri Friedman.They cover a lot of ground in this episode, including:- The rationale for privatizing government and the failures of the existing system.- What it would look like to have a fully privatized government, including how a private substitute for police and defense would work.- Why he is not a utilitarian and the framework he uses to figure out what is right and wrong.- How he would approach collective-action problems like global warming and nuclear proliferation.- His perspective on inequality and his explanation for why people look to relative measures of affluence rather than absolute measures.- How you would deal with punishment and criminals in a market-based society.- And much more, including Glen Weyl’s Radical Markets, Tyler Cowen’s Stubborn Attachments, fake news, ISAs and restorative justice.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.Venture Stories is brought to you by Village Global, is hosted by co-founder and partner, Erik Torenberg and is produced by Brett Bolkowy.
Grey Mirror: MIT Media Lab’s Digital Currency Initiative on Technology, Society, and Ethics
Glen Weyl, the author of the book, Radical Markets and the founder of RadicalXChange (conference in Detroit March 22–24!). We chat about social innovation, funding civil society with Liberal Radicalism, and the powerful cultural aspects of the blockchain ecosystem. https://twitter.com/glenweyl https://twitter.com/radxchange/ https://twitter.com/mitdci https://twitter.com/RhysLindmark
Glen Weyl, a political economist and social technologist, the coauthor of Radical Markets and a principal researcher at Microsoft, and Santiago Siri, the founder of Democracy Earth, discuss how blockchains can be used to create borderless democracies that can reach any citizen on earth and can be used not just by nation-states but in all kinds of communities such as the workplace, church or a social network like Facebook. We cover concepts such as quadratic finance and quadratic voting, and look at how forcing voters to have a budget for their votes changes voting behavior. We also dive into what needs to be put in place for blockchain-based voting systems to work, why identity solutions are crucial but also so hard to get right, and how we can prevent token-based governance systems from becoming plutocracies. Plus, we surmise that blockchain-based governance might be the 21st century political experiment and that someday, we may all be citizens of multiple communities. Thank you to our sponsors! CipherTrace: http://ciphertrace.com/unchained Microsoft: https://twitter.com/MSFTBlockchain and https://aka.ms/unchained Episode links: Democracy Earth: https://www.democracy.earth Santiago Siri: https://twitter.com/santisiri Radical Xchange: https://twitter.com/RadxChange Glen Weyl: https://twitter.com/glenweyl Radical Xchange conference in March: radicalxchange.org Radical Markets: https://press.princeton.edu/titles/11222.html Democracy Earth white paper: https://www.dropbox.com/s/sifogl4zimwkkei/Democracy%20Earth%20-%20Social%20Smart%20Contract%20-%20Paper%20v0.2.pdf?dl=0 Democracy Earth cofounder Pia Mancini on early work with digital democracy: https://www.ted.com/talks/pia_mancini_how_to_upgrade_democracy_for_the_internet_era?language=en Santi on how blockchains could revolutionize democracy: https://www.youtube.com/watch?v=UajbQTHnTfM Wired article on Democracy Earth: https://www.wired.com/story/santiago-siri-radical-plan-for-blockchain-voting/ CoinDesk feature on Glen Weyl: https://www.coindesk.com/coindesk-most-influential-blockchain-2018-glen-weyl Vitalik Buterin blog post on Radical Markets: https://vitalik.ca/general/2018/04/20/radical_markets.html Paper by Vitalik, Zoe Hitzig and Glen on quadratic financing: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3243656
Glen Weyl, a political economist and social technologist, the coauthor of Radical Markets and a principal researcher at Microsoft, and Santiago Siri, the founder of Democracy Earth, discuss how blockchains can be used to create borderless democracies that can reach any citizen on earth and can be used not just by nation-states but in all kinds of communities such as the workplace, church or a social network like Facebook. We cover concepts such as quadratic finance and quadratic voting, and look at how forcing voters to have a budget for their votes changes voting behavior. We also dive into what needs to be put in place for blockchain-based voting systems to work, why identity solutions are crucial but also so hard to get right, and how we can prevent token-based governance systems from becoming plutocracies. Plus, we surmise that blockchain-based governance might be the 21st century political experiment and that someday, we may all be citizens of multiple communities. Thank you to our sponsors! CipherTrace: http://ciphertrace.com/unchained Microsoft: https://twitter.com/MSFTBlockchain and https://aka.ms/unchained Episode links: Democracy Earth: https://www.democracy.earth Santiago Siri: https://twitter.com/santisiri Radical Xchange: https://twitter.com/RadxChange Glen Weyl: https://twitter.com/glenweyl Radical Xchange conference in March: radicalxchange.org Radical Markets: https://press.princeton.edu/titles/11222.html Democracy Earth white paper: https://www.dropbox.com/s/sifogl4zimwkkei/Democracy%20Earth%20-%20Social%20Smart%20Contract%20-%20Paper%20v0.2.pdf?dl=0 Democracy Earth cofounder Pia Mancini on early work with digital democracy: https://www.ted.com/talks/pia_mancini_how_to_upgrade_democracy_for_the_internet_era?language=en Santi on how blockchains could revolutionize democracy: https://www.youtube.com/watch?v=UajbQTHnTfM Wired article on Democracy Earth: https://www.wired.com/story/santiago-siri-radical-plan-for-blockchain-voting/ CoinDesk feature on Glen Weyl: https://www.coindesk.com/coindesk-most-influential-blockchain-2018-glen-weyl Vitalik Buterin blog post on Radical Markets: https://vitalik.ca/general/2018/04/20/radical_markets.html Paper by Vitalik, Zoe Hitzig and Glen on quadratic financing: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3243656
Colin sits down with Martin Gurri to talk about his new book, Revolt of the Public. Martin's book explains why we are in the political moment we are in, and offers clues on how to build a Neoliberal political movement in this day and age. This March 22-24 will be the Radicalxchange conference in Detroit Michigan. Founded by Glen Weyl who has been on the podcast before, this conference will be the kickstarting of a Radical Markets movement that seeks to reinvent Liberalism. We have a special offer for Neolib Podcast listeners who would like to attend. Head over to RadicalxChange.org and use code "Neoliberal" with a capital N to get more than 50% off of admission price. This offer won't last long as is limited to 30 people. We hope to see you there. This podcast is possible because of our supporters on Patreon. If you want bonus episodes and stickers each month head over to Patreon.com/neoliberalproject.
The gang return with a single-issue episode - discussing Eric Posner and Glen Weyl's book "Radical Markets", bringing together ideas from the extremes of the political spectrum. Ideas include eradicating private property, redistributing wealth, pursuing social justice... through a free market encompassing *everything*. They've also got interesting ideas about direct democracy, immigration, anti-trust laws and personal data. Rowan interviews one of the authors, Glen Weyl, who explains the genesis of the book and the crux of their ideas. Our key conclusion from the whole discussion is that he has an incredibly large brain. Be sure to check out the book - you may not agree with all 5 of its ideas, but it'll get you thinking. Book Website: http://radicalmarkets.com/ Ideas Website: https://radicalxchange.org/ Glen Weyl's Twitter: https://twitter.com/glenweyl
Hosted by Enigma's Head of Growth Tor Bair, our fourteenth episode features Glen Weyl. Glen is a political economist and social technologist who is focused on how new technologies and markets can create a more equal, cooperative society. He’s best known in the blockchain space for his work with Vitalik Buterin on their paper “Liberal Radicalism” (coauthored with Zoë Hitzig), and he’s deeply passionate about building a global movement for change. Glen is also the coauthor of “Radical Markets”, and he teaches at Princeton University and is a principal researcher at Microsoft in New York. On this episode Glen discusses what Liberal Radicalism represents, how mechanisms like quadratic voting and Harberger taxes can be applied at small scale and globally, why we should treat data as a product of labor, and why we must pursue and value social innovation as much as technological innovation. Enigma's new podcast "Decentralize This!" features guests from all over the decentralization space: developers, investors, entrepreneurs, researchers, writers, artists, people in government and enterprise - all individuals who care deeply about building a more decentralized and sustainable world. How can all these people with different perspectives collaborate to create and scale the technologies we need to shape a better future? ---- Relevant links: Glen’s email: glen@radicalxchange.org Radicalxchange: www.radicalxchange.org Enigma: www.enigma.co Enigma Blog: blog.enigma.co Enigma Twitter: www.twitter.com/enigmampc
Glen Weyl comes on to the podcast to discuss his book "Radical Markets". We talk about how we can overhaul the concept of land ownership, resettle more refugees and more. Patreon subscribers get access to full interviews which run twice as long. If you like what we do (and want Neoliberal stickers each month) consider supporting us.
I denne episoden av Lørn.Tech snakker Silvija Seres med Glen Weyl om konstruktive forslag til hvordan samfunnet vårt kan bli bedre, som ikke er basert på utopisk sosialisme eller utopisk liberalisme. Weyl og hans medforfatter Richard Posner står bak boken, «Radical Markets: Uprooting Capitalism and Democracy for a just society», går tilbake til sosialliberaleren Henry George og nobelprisvinneren William Vickrey, og utvikler en ny sosialliberal politikk på en rekke områder. Hør han diskutere med Silvija om hans radikale ideer om å gjøre kapitalismen mer effektiv og mer egalitær.Møtet var i regi av Polyteknisk Forening, Aksel Braanen Sterri og Lørn.TechBli med og #Lørn du også— abonner på podkasten vår!Følg oss gjerne i sosiale medier
Blockchain hipsters, we have a treat: Dr. Weyl, co-author of Radical Markets. His book quickly became a popular with us in decentralization. The book proposes new ways to create marketplaces to provide better opportunities for optimal redistribution of resources. This has especially strong implications for those designing decentralized systems and applications. We talk with him about his book, the motivations behind radical markets, and potential futures involving his schemes. Links http://radicalmarkets.com/ http://glenweyl.com/
Blockchain hipsters, we have a treat: Dr. Weyl, co-author of Radical Markets. His book quickly became a popular with us in decentralization. The book proposes new ways to create marketplaces to provide better opportunities for optimal redistribution of resources. This has especially strong implications for those designing decentralized systems and applications. We talk with him about his book, the motivations behind radical markets, and potential futures involving his schemes. Links http://radicalmarkets.com/ http://glenweyl.com/
Glen Weyl (@glenweyl) and Riva Melissa-Tez (@rivatez) join Erik for this episode. They discuss Glen’s book, Radical Markets, and a number of topics related to it, including:- The similarities between Rio de Janeiro and San Francisco when it comes to wealth distribution- Why Glen has received blame and praise on different issues from both sides of the political spectrum- Why the book appeals primarily not to the right or the left, but to the open-minded- The reason that Glen calls himself a social technologist- How Glen came to meet Vitalik Buterin and how they ended up writing a paper together, which Glen calls “the single thing I’m most proud of intellectually”- Skeptical perspectives on blockchain and cryptocurrency, and why Glen calls them “a society of absolute private property governed by plutocracy”- “The problem of funding public goods without having to pre-suppose that it’s all going to be done by some particular democratic government somewhere.”- Why Glen thinks the news media is the best opportunity for decentralized funding- The idea that “economics is a disguise for the interests of a narrow part of society.”- Glen’s relationship with Jaron Lanier and his admiration of Jaron as a thinker- Glen and Riva’s requests for startups- Evolving the idea of human capital Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.Venture Stories is brought to you by Village Global, is hosted by co-founder and partner Erik Torenberg, and is produced by Brett Bolkowy.
Glen Weyl (@glenweyl) and Riva Melissa-Tez (@rivatez) join Erik for this episode. They discuss Glen’s book, Radical Markets, and a number of topics related to it, including:- The similarities between Rio de Janeiro and San Francisco when it comes to wealth distribution- Why Glen has received blame and praise on different issues from both sides of the political spectrum- Why the book appeals primarily not to the right or the left, but to the open-minded- The reason that Glen calls himself a social technologist- How Glen came to meet Vitalik Buterin and how they ended up writing a paper together, which Glen calls “the single thing I’m most proud of intellectually”- Skeptical perspectives on blockchain and cryptocurrency, and why Glen calls them “a society of absolute private property governed by plutocracy”- “The problem of funding public goods without having to pre-suppose that it’s all going to be done by some particular democratic government somewhere.”- Why Glen thinks the news media is the best opportunity for decentralized funding- The idea that “economics is a disguise for the interests of a narrow part of society.”- Glen’s relationship with Jaron Lanier and his admiration of Jaron as a thinker- Glen and Riva’s requests for startups- Evolving the idea of human capital Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.Venture Stories is brought to you by Village Global, is hosted by co-founder and partner Erik Torenberg, and is produced by Brett Bolkowy.
Epicenter - Learn about Blockchain, Ethereum, Bitcoin and Distributed Technologies
The rise of populism and increasing inequality have led to widespread questioning of democracy and capitalism. Glen Weyl, a political economist and Principal Researcher at Microsoft, along with legal scholar Eric Posner, published a book called ‘Radical Markets’. Radical Markets explores how restructuring property rights and voting systems could lead to more efficient markets and a more just society. Glen joined us to discuss the book and why the blockchain space is a fertile testbed to explore these radical new ideas. Topics covered in this episode: Why blockchain is on a trajectory to exacerbate inequality and fail at improving the world Why property should be seen as a monopolistic institution How property rights create inefficient markets The radical idea of transforming property rights via a Common Ownership Self-Assessed Tax (COST) How the one-person-one-vote system contributed to the crisis of democracy How quadratic voting works and leads to fairer outcomes Whether or not buying of votes should be allowed in QV His work with Vitalik and radical markets experiments in blockchain Episode links: Radical Markets Glen Weyl Website Property is Only Another Name for Monopoly (2017) On Radical Markets - Vitalik Buterin Book Review Liberation Through Radical Decentralization – Post by Vitalik & Glen This economist wants to abolish private property using blockchain | Wired Thank you to our sponsors for their support: Simplify your hiring process & access the best blockchain talent . Get a $1,000 credit on your first hire at toptal.com/epicenter. This episode is hosted by Brian Fabian Crain. Show notes and listening options: epicenter.tv/251
Today I'm kicking off a new series tentatively called the Not Unreasonable Book club to be co-hosted with Steve Mildenhall (who is running for the board of the Casualty Actuarial Society, so vote for him!). Steve is an assistant professor at St John's University's school of risk management and former head of Analytics at Aon Re. Steve's an all-around smart dude and I'm looking forward to learning from him and hopefully disagreeing once in a while! Books and papers discussed in today's show: On Radical Markets: Uprooting Capitalism and Democracy for a Just Society by Richard Posner and Eric Glen Weyl Capitalism without Capital: The Rise of the Intangible Economy by Jonathan Haskell and Stian Westlake The Theory of Risk Bearing: Small and Great Risks by Ken Arrow The Nature of the Firm by Ronald Coase
More at https://www.philosophytalk.org/shows/radical-markets. Many people think that growing inequality, the rise of populism and nativism, and the decay of democratic institutions all have the same cause—the overreach of markets. The solution, they believe, is to limit the market through regulation. But what if rather than shrinking the market, the answer lies in expanding the market? Is it possible that we haven't let markets go far enough? Do our current regulations lead to too many monopolies? And could turning more things into assets that are for sale to the highest bidder actually be the solution to our new gilded age? Debra and Ken buy and sell with Glen Weyl from Yale University, co-author of "Radical Markets: Uprooting Capitalism and Democracy for a Just Society."
https://www.philosophytalk.org/shows/radical-markets. Many people think that growing inequality, the rise of populism and nativism, and the decay of democratic institutions all have the same cause—the overreach of markets. The solution, they believe, is to limit the market through regulation. But what if rather than shrinking the market, the answer lies in expanding the market? Is it possible that we haven't let markets go far enough? Do our current regulations lead to too many monopolies? And could turning more things into assets that are for sale to the highest bidder actually be the solution to our new gilded age? Debra and Ken buy and sell with Glen Weyl from Yale University, co-author of "Radical Markets: Uprooting Capitalism and Democracy for a Just Society."
Glen Weyl, author of Radical Markets, on replacing votes with "voice credits" // Daryl Kimball from the Arms Control Association on denuclearizing North Korea // Paging Dr Cohen -- genetic testing // Sports Insider Danny O'Neil on the red hot Mariners/ Kam Chancellor's apparent retirement // Chris Sullivan's Chokepoint -- the future of I-5 tolling // Hanna Scott on the local immigration rallies
Chris Sullivan's Chokepoint -- loop detectors! // Julie Rovner on the continued erosion of the Affordable Care Act // Sports Insider Danny O'Neil on UW baseball/ Mariners v Yankees // Glen Weyl, author of Radical Markets, on creating a perpetual national housing auction // David Fahrenthold live on the Trump charity civil case/ immigration policy // Hanna Scott on Mayor Durkan's plans for homelessness and education
Glen Weyl, author of “Radical Markets,” advocates for an experimental “policy entrepreneurship” approach to fixing the complex social problems that reinforce inequality. Read more: https://mackinstitute.wharton.upenn.edu/2018/radical-markets-glen-weyl/ See acast.com/privacy for privacy and opt-out information.
Our economic editor, Henry Curr, looks at the threat Italy’s political crisis poses to the euro zone. And Ludwig Siegele, our technology editor, asks Glen Weyl, author of "Radical Markets", why he wants to expand the role of markets and how a new wealth tax could work. Helen Joyce hosts. Music by Chris Zabriskie “Divider” (CC by 4.0 UK) See acast.com/privacy for privacy and opt-out information.
Our economic editor, Henry Curr, looks at the threat Italy’s political crisis poses to the euro zone. And Ludwig Siegele, our technology editor, asks Glen Weyl, author of "Radical Markets", why he wants to expand the role of markets and how a new wealth tax could work. Helen Joyce hosts. Music by Chris Zabriskie “Divider” (CC by 4.0 UK) See acast.com/privacy for privacy and opt-out information.
Rob Wiblin's top recommended EconTalk episodes v0.2 Feb 2020
Economist Glen Weyl of Microsoft Research New England and Visiting Senior Research Scholar at Yale University talks with EconTalk host Russ Roberts about his book (co-authored with Eric Posner) Radical Markets. Weyl urges a radical transformation of land and housing markets using a new federal real estate tax based on self-assessment. Owners would be required to sell their houses at the self-assessed price. Weyl argues this would eliminate the market power home owners have in the re-sale market and the revenue tax would could be used to reduce inequality. In the last part of the conversation, Weyl proposes an overhaul of U.S. immigration policy by having residents sponsor immigrants for a fee.
Economist Glen Weyl of Microsoft Research New England and Visiting Senior Research Scholar at Yale University talks with EconTalk host Russ Roberts about his book (co-authored with Eric Posner) Radical Markets. Weyl urges a radical transformation of land and housing markets using a new federal real estate tax based on self-assessment. Owners would be required to sell their houses at the self-assessed price. Weyl argues this would eliminate the market power home owners have in the re-sale market and the revenue tax would could be used to reduce inequality. In the last part of the conversation, Weyl proposes an overhaul of U.S. immigration policy by having residents sponsor immigrants for a fee.
In Radical Markets, Eric A. Posner and E. Glen Weyl envision new rules for markets in order to limit the tyranny of monopolies and majority rule. Their aim, with 5 revolutionary ideas to cure what they see as the most important issue of our time: inequality. What are some of these "radical" ideas, and does our panel think they are the revolutionary ideas we need? Host Jeffery Jenkins (@jaj7d) is joined by guests Aubrey Hicks (@AubreyHi), Matthew Kahn (@mattkahn1966 ), and Anthony Orlando (@AnthonyWOrlando). For links and more, check out the showpage.