'Radical Markets', the recent book by Eric A. Posner and Glen Weyl, has been one of my most interesting non-fiction reads in some time. Unlike the very disappointing 'Parecon' by Michael Albert, referred by one of Token Economy's founders –Stefano Bernardi– in a recent Unconfirmed podcast, I found Radical Markets to be a solid product, well-researched and very deeply thought through. Not all the chapters show equal merit, in my view, but the authors' ideas around private property and radical democracy displayed some uncommon originality and brilliance.
Despite some exaggeration reminiscent of –1992 Economics Nobel Laureate– Gary Becker's fringe witticisms, I strongly recommend the read to anyone non-prejudiced on bold new ways in which to answer some of most fundamental question a modern society should address in this new era of fast advancing technological developments. Posner and Weyl most probably do not present the perfect theoretical constructs or practical solutions in their book, but I have an intuition of truth is large portions of the thinking they present in the earlier chapters of their book.
"I thought that the general idea that a blockchain is one of the few tools that allows you to credibly commit to not turning into a monopolistic jerk is actually a really interesting insight [...]" from @VitalikButerin. Connects with the logic presented in https://t.co/piaZAGGgy2— Jacobo Elosua (@EzaroMedia) July 23, 2018