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vbuterin | 4 years ago

Glen Weyl (the economist who has done a lot of work on quadratic voting, mentioned in the article) has also written and talked extensively about Harberger taxes and quadratic funding; the former is a fairly deep change to how property rights work, and the latter is a way of democratically allocating funds to public projects. I would definitely encourage reading up on both of those!

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INGELRII|4 years ago

(outside the United States point of view)

In Democracies with a reasonable proportional representation (PR) improving how to choose from N options, or how to allocate M resources, is secondary to the problem of how to select and parametrize N and M.

In PR democracies mechanism design should focus more on how to improve participation and deliberation before final voting.

Deliberation is a process of selecting and articulating options and figuring out problems. Mechanism design for deliberation can emphasize cooperation, dialogue, creativity and reason, as opposed to the use of power that is voting for given choices.