[TooBrokeToBeg]

> This sounds like the latest in a long line of economic theories and ideas cooked up by people who LOVE the game of pricing things and can't understand why others don't share that love. Basically, economic wankery.

Same with democracy.

This sounds like the latest in a long line of political theories and ideas cooked up by people who LOVE the game of voting about things and can't understand why others don't share that love. Basically, political wankery.

You have to do lots of things in society you don't like to have it run smoothly (for you and others) in what might be considered an egalitarian effort. Whenever you don't force it, pareto and bad actors end up capitalizing on the gaps. The western nations have relied on the populace's generous nature for long enough that information technology has given people a chance to see how sub-optimal it is. You now have competition between wants and don't cares, where the don't cares have been outmaneuvered into borderline poverty and below.

This similarity leads me to believe Glen Weyl is on to something.