economics

Futarchy

Now, we are going onto the second part of the mini-series on prediction markets. I am going to explore one of the usages of prediction markets in politics. Much of this is based on Robin Hanson’s thoughts on this topic. The idea is to create a political system that can resolve policy disputes, with the …

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The Economic and Geopolitical Consequences of the Virus

Today I am going to expand last week’s post on the coronavirus by incorporating the macroeconomic, and microeconomic, implications of the virus into my account of the current situation. It is clear that the virus is becoming a strain on the global economy, as more and more businesses are restructuring their everyday work to handle …

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