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Clinamenic LLC
@clinamenic
From the section “Economic Policy and the Rule of Law” from Hayek’s “The Constitution of Liberty” where he frames the state as a steward of economic stigmergy. The question, I think, is how collective welfare can best be promoted while so constraining governmental activities.
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Keith Axline
@kaxline
I feel like the researchers working on ETH monetary policy are discovering valuable alpha here. They seem focused on the minimal amount of changes that can enshrine certain values. If our government was efficient it would be doing something like burning MEV or block/builder separation.
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Keith Axline
@kaxline
We do this in a politicized way by taxing gambling and cigarettes, but I feel like there’s less morally charged tweaks to be done on the financial side that would be even more effective than targeted taxes.
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Clinamenic LLC
@clinamenic
Still need to understand what MEV is, but I do agree that blockchain and similar technology has the potential to elevate economics to an experimental science, rather than a theoretical science peppered with algebra haha
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