“Hanson wrote up the academic case for prediction markets generally, invented policy prediction markets, pointed out prediction markets' potential uses in science and governance and corporate governance and pushed for early prediction markets to get started.”

LessWrong (Curated & Popular) · "You Heard of “Bayesians Don’t Predictably Update” Because of Robin Hanson" by Eliezer Yudkowsky

Play from 3:23
3:23

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

invented policy prediction markets and promoted their use in science, governance and corporate governance

Said nearby on the same subject

“Consideration will be given to risk sharing between the Government and the industry, including whether mechanisms for Government to capture a share of excess profits during favourable market conditions are appropriate”
♫
Said on Australian Parliament: House of Representatives
Why it worked Share this moment
“Government procurement spending or government spending writ large is basically being funded uh through the bill markets and the attraction of that is that the banks are ready buyers for bills”
♫
Said on Bankless
Growth tactic Share this moment
“I said to the government, why don't we go to paying the soldiers through their phones? ... we put up a great system and we took it to the Congolese government.”
KS
Kara Swisher former Secretary of State
On with Kara Swisher ·
How they work Share this moment
“Corporate credit peaked at 290% of GDP in 2008 and has declined to about 140%… government credit rose from about 100% to about 160%.”
JB
Jim Bianco
Monetary Matters with Jack Farley ·
Data play 2008 peak 290% of GDP, now ~140% of GDP; government credit 100% → 160%… Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.