Futarchy

Creator
Creator
Seonglae ChoSeonglae Cho
Created
Created
2025 Jun 22 0:2
Editor
Edited
Edited
2025 Jun 22 0:4
Refs
Refs
Futarchy is a system that combines democracy and market prediction where citizens first vote on goals (e.g., welfare, economic growth), then bet money in prediction markets to forecast which policies will best achieve those goals → policies are adopted based on these results.
In other words, it proposes using conditional stock markets to make policy decisions, but the problem is that such markets don't reveal causal effects, making them ineffective.
 
 
 
 
 
 

Recommendations