economics

IDEAS

Clovers & Continuous Economies Around Algorithms

I'm really happy to see Clovers finally go live! It's a blockchain application where you collect unique patterns of finished games of Othello (called Clovers). The most prized ones are those that exhibit symmetry. It's fun, quirky, nerdy, arty, but interestingly: a step forward in building economies around algorithms themselves.

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IDEAS

Cells As Firms

In imagining & visualising economic systems, especially the firm, there's a lot of metaphors that have been used in the past. For example, firms as culture, or firms as machine. One that I particularly enjoy that I haven't seen mentioned in depth at all, is seeing the firm like biological cells.

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IDEAS

Exploring Harberger Tax Rates in Virtual Collectibles & Patronage Markets

In the creation of patronage as an asset class, one creates virtual collectibles whose beneficiary earns revenue at a specific rate from an always specified self-assessed price by the owner. An outstanding question is what rates to set.

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IDEAS

Patronage As An Asset Class

By combining the incentives of patronage, profit & collectibles, we can create a new tradable asset class that supports the funding of the commons. In addition to supporting artists and open source communities, this idea can be utilized to save our fragile planet from the ongoing effects of climate change.

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Ideas

Random Walks Across The Aisle: Introducing Certainty Through Randomness in Electoral Systems

The world sometimes feels chaotic & random. What if adding more randomness made it less so? Today, electoral systems can be costly, corrupted, underrepresented, and prone to manipulation by moneyed interests. Various proposals have been put forth that removes some of these issues by focusing on introducing randomness.

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PROJECTS

This Artwork Is Always On Sale

TAIAOS is a unique, rare digital artwork that is always on sale. It can bought at any time by anyone, because the owner must always specify a price they are willing to sell it at. Through this always-on auction, it supports the artist by requiring the owner to pay a 5% pa patronage towards the artist at their self-specified price. If the owner does not pay required patronage, it can be foreclosed by a digital steward for safekeeping.

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IDEAS

Radical Markets In The Arts

We've all been there: finding ourselves lost past midnight reading a new book, tearing up, watching an Oscar-winning movie & indulging in the ecstasy of a new melodic hook. The arts are important to all of us. Exploring how we can fund & create new markets in the arts will not just allow humanity to experience more of the meaningful moments attached to it, but also be an imperative for where we are headed as a society.

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IDEAS

What is Harberger Tax & Where Does The Blockchain Fit In?

Harberger Tax is an economic policy that aims to strike a balance between pure private ownership & total commons ownership in order to increase general welfare of society. It helps ensure that property is more productively utilised by the society, resulting in an increase of overall economic productivity and general welfare of society. It keeps the power of the market, whilst reducing the inefficiencies in how property is currently allocated. At a relative cost to efficiency in investment returns, it reduces the prevalence of monopolies that exclude society from an asset’s wealth generating capabilities.

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