4min chapter

Dwarkesh Podcast cover image

Alex Tabarrok - Prizes, Prices, and Public Goods

Dwarkesh Podcast

CHAPTER

The Future of Democracy

The optimistic scenario here is, as Elia's already wrote a book called inadequate equilibrium. And he detailed three ways in which like a civilization can feel asymmetric information. Is this how we solve a bunch of the problems, coordination problem, whatever else this is, there are? Well, well, I guess we'll see. Try to get the paper. You never know until the paper gets out of the world, right? So hopefully, I do think that, you know, democracy itself is a mechanism is a it's a mechanism to both collect and aggregate preferences and to kind of exclude dictatorial.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode