Ideas + Research

The following are a small selection of papers inspired by or responding to Radical Markets from a variety of disciplinary perspectives.

Eric A. Posner and E. Glen Weyl, “Quadratic Voting and the Public Good: Introduction

E. Glen Weyl, “RadicalxChange: An Academic Agenda

Ananya Chakravarti, “A History for the Future: Radical Markets and the Work of History

Nicole Immorlica et al., “Equality of Power and Fair Public Decision-Making

Charlotte Cavaillé et al., “A Decision Theoretic Approach to Understanding Survey Response: Likert vs. Quadratic Voting for Attitudinal Research

Adam B. Cox, “Radical Markets or Conventional Politics? An Ambitious Guide to Reforming American Immigration Policy

Lee Anne Fennell, “Property Attachments

Richard L. Hasen, “QV or Not QV? That is the Question: Some Skepticism about Radical Egalitarian Voting Markets

Daniel Hemel, “Audits, Markets, and Patents

Zoë Hitzig et al., “The Technological Politics of Mechanism Design

Matthew Prewitt, “Ownership and Punishment

Katrina Miriam Wyman, “Property in Radical Markets

Vitalik Buterin et al., “Liberal Radicalism: A Flexible Design for Philanthropic Matching Funds

Alisha Holland, “Square Miles

As part of the evolving intellectual agenda of RadicalxChange, we see three emerging areas of inter-related research: the first relating to the problem of how we conceive of identity as social intersection rather than individuation; the second related to speculative design and the third on finding intersections for the fields of emotions studies and mechanism design. The first area has already led to some working papers. For the second, see the attached description of Jennifer Morone’s new project, The Scheme of Things. For a working bibliography for thinking about how to bring emotion studies into conversation with mechanism design, see the sections of the bibliography devoted to each below.

Nicole Immorlica et al., “Verifying Identity as a Social Intersection“; Zoë Hitzig and E. Glen Weyl, “A Crossroads, not an Island: A Response to Hanoch Dagan

Lucas Geiger et al., “Motivating The Case For Decentralized Social Identity” Part One; Part Two; Part Three

Jennifer Lyn Morone, The Scheme of Things Interview at time of workshop on The Scheme of Things; see also attached project description)

Building the Movement

The following blog posts, white papers and artworks are indicative of some of the ways RadicalxChange ideas have been “translated” for different intellectual and social communities, and into blueprints for concrete action.

General Works

Georg Simmel, Soziologie

James C. Scott, Seeing Like a State

William S. Vickrey, “Counterspeculation, Auctions and Competitive Sealed Tenders

Nancy Fraser, “From Progressive Neoliberalism to Trump – and Beyond

Brodwyn Fischer, Cities from Scratch, Chapter 1 (A Century in the Present Tense)

Milton Friedman, Capitalism and Freedom, Introduction

Abba Lerner, Economics of Control, Introduction: The Controlled Economy

Anthony Giddens, The Third Way, Chapter 1 (Socialism and After)

Ronald Dworkin, “What is Equality? Equality of Resources

Branko Milanovic, Global Inequality, Introduction and Chapter 5 (What’s Next?)

Robert Gordon, The Rise and Fall of American Growth, Introduction

Cas Mudde and Cristóbal Rovira Kaltwasser, “Exclusionary vs. Inclusionary Populism

Jan Eeckhoutand Jan de Loecker, “The Rise of Market Power and Macroeconomic Implications

Marion Fourcade, Economists and Societies, Introduction

Michael Sandel, What Money Can’t Buy, Introduction

G.A. Cohen, Why Not Socialism?

The Economist, “The Economist at 175” (September 13, 2018)

Marion Fourcade and Kieran Healy, “Moral Views of Market Societies

Erik Brynjolfsson and Andrew McAfee, The Second Machine Age, Chapters 1 and 15

Albert O. Hirschman, “Rival Views of Market Society

John Kenneth Galbraith, The Affluent Society, Introduction to the Fortieth Anniversary Edition and Chapters 1 and 17-18

Cosma Shalizi, “In Soviet Union, Optimization Problem Solves You

Fredrich Hayek, “The Use of Knowledge in Society

Ludwig Von Mises, “Economic Calculation in the Socialist Commonwealth

Oskar Lange, “The Computer and the Market

Francis Spufford, Red Plenty

Eden Medina, Cybernetic Revolutionaries, Prologue and Introduction

Leonard Read, “I, Pencil

The Economist, “Establishing identity is a vital, risky and changing business” (Dec 18, 2018)

Self Assessed Licenses

Henry George, Progress and Poverty, Introduction and Chapters 11, 19, 23, 25-26, 31

Léon Walras, “On Property

Matthew Prewitt, “Reimagining the Concept of Property” and Tony Sheng, “Do Not Design for Speculators

Arun Sundararajan, The Sharing Economy, Introduction

Paul Milgrom et al., “Redesigning Spectrum Licenses

Richard Arnott, “Does the Henry George Theorem Provide a Practical Guide to Optimal City Size?

Tibor Liska, Liskaland

Mary Pillon, The Monopolists, Chapter 1

Radical Democracy

Thucydides, History of the Peloponnesian War, Book 8; Alexis de Tocqueville, Democracy in America, Volume 2, Part 4, Chapter 7a; and Hannah Arendt, The Origins of Totalitarianism

Albert O. Hirschman, Shifting Involvements, Chapters 7-8

Richard J. Evans, The Coming of the Third Reich, Chapter 4

Devon Zuegel, “For the Greater Good: The Game Theory of Zoning” and “Independence for whom?“;

Chantal Mouffe, Agonistics; Danielle Allen, “Towards a Connected Society

Astra Taylor, What is Democracy?

Vitalik Buterin, “Pairwise Coordination Subsidies“; “On Collusion

Sherman Lee, “Quadratic Voting: A New Way to Govern Blockchains for Enterprises” and Rachel Rose O’Leary, “Experimental Voting Effort Aims to Break Ethereum Governance Gridlock

Humane Immigration and Worker Mobility

William J. Bernstein, A Splendid Exchange, Introduction

Branko Milanovic, Global Inequality, Chapters 3 (Inequality Among Countries) and 5 (What’s Next?)

Michael Clemens, Walls of Nations, Introduction

Reihan Salam, Good Fences, Introduction

Dani Rodrik, Straight Talk on Trade, Preface and Chapter 1

Jens Hainmueller and Daniel J. Hopkins, “Public Attitudes Towards Immigration

Adam Ozimek et al., “Could a Heartland Visa Help Struggling Regions?


José Azar et al., “Anti-Competitive Effects of Common Ownership

Ronald J. Gilson and Jeffrey N. Gordon, “The Agency Cost of Agency Capitalism

Eric Posner et al., “A Proposal for Limiting the Anticompetitive Power of Institutional Investors

Suresh Naidu et al., “Antitrust Remedies for Labor Market Power

Fiona Scott Morton and Herbert Hovenkamp, “Horizontal Shareholding and Antitrust Policy

David Baqaee and Emmanuel Farhi, “Productivity and Misallocation in General Equilibrium

White House Council of Economic Advisors, “Benefits of Competition and Indicators of Market Power

Janith Arzane, “DG Comp Looking into Institutional Investors, says Vestager” (February 19, 2018)

Wall Street Journal, “Bogle Sounds a Warning on Index Funds” (November 29, 2018), The Economist, “Taming the Tech Titans” (January 18, 2018) and “Into the Danger Zone” (June 2, 2018), Financial Times, “Common ownership of shares faces regulatory scrutiny” (January 22, 2019)

Data Dignity

Jaron Lanier, Who Owns the Future?, Introduction to the paperback edition

Vi Hart, “Changing my Mind about AI, Universal Basic Income, and the Value of Data“; M Eifler, “Certified Sustainable: USDA Organic, LEED Platinum, and the future of ethical AI” and “Trained Trust: A two-way, refereed feedback mechanism for on-demand work

Mary Gray and Sid Suri, Ghost Work, Introduction

Astra Taylor, “The Automation Charade

Adrian Chen, The Moderators

Mark Aguiar et al., “Leisure Luxuries and the Labor Supply of Young Men

The Economist, “The Incorporated Woman, Who owns your data?” (July 2014), “The World’s Most Valuable Resource” (May 6, 2017), “How to Tame The Tech Titans” (January 18, 2018), and “What if People Were Paid for their Data?” (July 7, 2018); Wired, “AI Needs Your Data — and You Should Get Paid for It” (August 8, 2019)

European Commission, “General Data Protection Regulations

Julie Cohen, “The Biopolitical Public Domain

Michael Haupt, “Introducing Personal Data Exchanges and the Personal Data Economy

Entrepreneurship + Technology

Eric Ries, The Lean Startup, Introduction

MIT Technology Review, “Why Startups are Struggling” (June 15, 2016)

Ruha Benjamin, Race After Technology

C.K. Prahalad and Stuart L. Hart, “The Fortune at the Bottom of the Pyramid

Arvind Narayanan et al., Bitcoin and Cryptocurrency Technologies: A Comprehensive Introduction, Preface (Chapter 1 is a nice introduction for those more technically-oriented)

S.A. Hissam et al., “Trust and vulnerability in open source software

Arts + Communication

Boots Riley, Sorry to Bother You

Buy and play “The Landlord’s Game” or “COST Monopoly

Mary Pilon, The Monopolists, Chapters 3, 5 and 10

Woody Guthrie, “This Land Is Your Land” (the original 1940 lyrics); “The Land Song“; “The Internationale

Leo Tolstoy, What Is Art

Ernest Cline, Ready Player One

Gareth Stedman Jones, Karl Marx: Greatness and Illusion, Prologue, Chapter 12 and Epilogue

Robert Skidelsky, John Maynard Keynes: 1883-1946, Chapter 28 and Epilogue

Jennifer Burns, Goddess of the Market, Introduction, Chapter 9 and Epilogue

Activism + Government

David Dayen, “The Radicalization of Fiona Scott Morton” (May 23, 2019); Matthew Yglesias, “Democrats push for a new era of antitrust enforcement, explained” (July 31, 2017)

Sarah Lyall, “Who Strikes Fear Into Silicon Valley? Margrethe Vestager, Europe’s Antitrust Enforcer” (May 5, 2018); Paul Kirby, “Margrethe Vestager– Denmark’s EU ‘tax lady’ taking on corporate giants” (July 18, 2018); also watch or read about the TV series “Borgen

Arthur Sweetman, “Canada’s Immigration System: Lessons for Europe?”; The Economist, “No Country for Old Men” (January 8, 2015) and the NY Times, “Canada’s Ruthlessly Smart Immigration Policy” (June 28, 2017)

Jonathan Burston et al., “Digital Labour: Workers, Authors, Citizens”; Meredith Whittaker, “Onward! Another #GoogleWalkout Goodbye“; Reuters, “Facebook users unite! ‘Data Labour Union’ launches in Netherlands

Nathan Schneider and Sandeep Vaheesan, “There’s More Than One Way to Fight a Monopoly” (Aug 11, 2019)

Daniel Yergin and Joseph Stanislaw, The Commanding Heights, Introduction and Chapter 4

Cheryl Schonhard-Bailey, From Corn Laws to Free Trade, Introduction and Conclusion

Bentley Brinkerhoff Gilbert, “David Lloyd George: Land, the Budget, and Social Reform

Marie-Claire Bergère, Sun Yat-Sen, Introduction and Chapters 10-11

Angus Burgin, The Great Persuasion, especially Introduction and Conclusion

Emotions Studies

The following is meant to be a sample of the scholarship from a wide range of disciplines we might begin to draw upon as we consider how to bring this area of research into conversation with mechanism design for RadicalxChange. The foundational work of Norbert Elias’ relational sociology, especially his concept of homines aperti, his pioneering interest in emotions and in utopian thinking may be especially productive as a starting point for approaching emotions studies as social scientists interested in radical social change and humane mechanism design. A complete list of his works can be found here but for our purposes, Vols. 4, 6, 8, 10, 13, 14 (especially essays 2, 10-12), 15 (essays 6, 9); 16 (essays 1-7, 12, 14-17). Thinking about emotions also allows us to consider cultural difference in politico-economic decision-making, which is important given our global reach.

Elizabeth A. Phelps, “The Study of Emotions in Neuroeconomics,” in Paul W. Glimcher et al., eds., Neuroeconomics: Decision-making and the Brain (Academic Press: 2009): 233-250

Karolina M. Lempert and Elizabeth A. Phelps, “Neuroeconomics of Emotion and Decision Making,” in Paul W. Glimcher and Ernst Fehr, eds., Neuroeconomics (Second Edition) (Academic Press: 2014): 219-236

Ernst Fehr and Colin F. Camerer, “Social neuroeconomics: the neural circuitry of social preferences,” Trends in Cognitive Sciences, Volume 11, Issue 10 (2007): 419-427

Ernst Fehr, K. Hoff, M. Kshetramade, “Spite and Development,” American Economic Review, Vol. 98, No. 2 (2008): 494-499.

Jérôme Ballet, Emmanuel Petit and Delphine Pouchain, “What Mainstream Economics Should Learn From the Ethics of Care,” Oeconomia: 8-2 (2018): 187-208.

Daniel John Zizzo, “Anger and economic rationality,” Journal of Economic Methodology, 15:2 (2008): 147-167

Theesfeld, “Constrains on collective action in a transitional economy: the case of Bulgaria’s irrigation sector,” World Development, No. 32 (2004): 251-271

Bereket Kebede and Daniel John Zizzo, “Social Preferences and Agricultural Innovation: An experimental case study from Ethiopia,” World Development, No. 67 (2015): 267-280.

K. Abbink and B. Hermann, “The moral costs of nastiness,” Economic Inquiry, Vol. 49, No. 2 (2011): 631-633.

K. Abbink and B. Hermann, “The pleasures of being nasty,” Economic Letters, Vol. 105, No. 3 (2009): 306-308

X. Fontaine and K. Yamada, “Caste comparisons in India: Evidence from subjective well-being data,” World Development, No. 64 (2014): 407-419

Shaun P. Hargreaves Heap and Daniel John Zizzo, “The Value of Groups,American Economic Review, Vol. 99, No. 1 (2009): 295-323.

Jennifer S. Lerner, Ye Li, Piercarlo Valdesolo, Karim S. Kassam “Emotion and Decision Making,” Annual Review of Psychology, Vol. 66, No. 1 (2015): 799-823

Francisco J. Gil-White, “Ultimatum Game with an ethnicity manipulation: results from Khovdiin Bulgan Sum, Mongolia,” in J. Henrich, R. Boyd, S. Bowles, C. Camerer, E. Fehr, H. Gintis, eds., Foundations of human sociality: Economic experiments and ethnographic evidence from fifteen small-scale societies (Oxford: Oxford University Press, 2004)

Arlie Hochschild, The Managed Heart: Commercialization of Human Feeling (Berkeley: Univ. of California Press, 1983)

Jeff Godwin, James Jasper, and Francesca Polietta, eds., Passionate Politics: Emotions and Social Movements (Chicago: Univ. of Chicago Press, 2001)

Robert Solomon, ed., Thinking about Feeling: Contemporary Philosophers on Emotions (New York: Oxford Univ. Press, 2004)

Jessie J. Prinze, “Feeling without Thinking,” in Gut Reactions (New York: Oxford Univ. Press, 2004) 21- 51

Martha Nussbaum, Upheavals of Thought (Cambridge: Cambridge Univ. Press, 2001)

Brian Massumi, “The autonomy of affect.” Cultural Critique 31 (1995): 83-109; Parables of the Virtual (Durham, Duke University Press, 2002)

Silvan Tomkins, Shame and Its Sisters: A Silvan Tomkins Reader, eds. Eve Sedgwick and Adam Frank (Durham: Duke University Press)

Lucien Febvre, La sensibilité et l’histoire. Comment reconstituer la vie affective d’autrefois?, Annales d’histoire sociale 3 (1941): 5-20.

Barbara Rosenwein, Emotional Communities in the Early Middle Ages (2006, Cornell University Press); Generations of Feeling: A History of Emotions, 600-1700 (2015, Cambridge University Press); What Is the History of Emotions? (Co-authored with Riccardo Cristiani) (2017, Polity Press), “Worrying about Emotions in History,” American Historical Review 107 (June 2002): 821–45.

Ananya Chakravarti, “The Affective (Re)turn and Early Modern European History“, Historical Reflections/Réflexions Historiques, 41(2) (2015) 88-96.

Sara Ahmad, The Cultural Politics of Emotions (Edinburgh: University of Edinburgh Press, 2004)

Alicia Grandey, James Diefendorff, Deborah E. Rupp, Emotional Labor in the 21st Century (Routledge)

William Reddy, The Navigation of Feeling: A Framework for the History of Emotions (New York: Cambridge University Press, 2001).

John Corrigan, Religion and Emotion (Oxford University Press, 2004)

Jorn Rüsen, “Emotional Forces in Historical Thinking: Some Metahistorical Reflections and the Case of Mourning,Historein, Vol. 8 (2012): 41-53.

Lisa Blackman, Immaterial bodies: Affect, embodiment, mediation (Sage, 2012).

Patricia Ticineto Clough, “The new empiricism: affect and sociological method.” European Journal of Social Theory 12.1 (2009): 43-61.

Clare Hemmings, “Affective solidarity: Feminist reflexivity and political transformation.” Feminist Theory 13.2 (2012): 147-161.

Ruth Leys, “The turn to affect: A critique.” Critical Inquiry 37.3 (2011): 434-472.

Constantia Papoulias and Felicity Callard, “Biology’s gift: Interrogating the turn to affect,” Body & Society, 16.1 (2010): 29-56.

Melissa Gregg, Gregory J. Seigworth, Sara Ahmed, The Affect Theory Reader (Durham: Duke University Press, 2010)

Nigel J. Thrift, Non-representational Theory: Space, Politics, Affect. London: Routledge, 2007; “Understanding the affective spaces of political performance,” in Emotion, place and culture (2009): 79-96.

Mette Hjort and Sue Laver, eds., Emotions and the Arts (New York: Oxford Univ. Press, 1997)