Acknowledgments ix Preface: The Auction Will Set You Free xiii Introduction: The Crisis of the Liberal Order 1 1 Property Is Monopoly 30 2 Radical Democracy 80 3 Uniting the World's Workers 127 4 Dismembering the Octopus 168 5 Data as Labor 205 Conclusion: Going to the Root 250 Epilogue: After Markets? 277 Notes 295 Index 319
Eric A. Posner is the Kirkland and Ellis Distinguished Service Professor at the University of Chicago Law School. His many books include The Twilight of Human Rights Law and Climate Change Justice (Princeton). He lives in Chicago. E. Glen Weyl is principal researcher at Microsoft, founder and chairman of RadicalxChange, and visiting research scholar at Princeton University's Woodrow Wilson School of Public and International Affairs. He lives in New Jersey.
"One of The Economist's Best Business and Economics Books of
2018"
"E. Glen Weyl & Eric Posner: One of Bloomberg Businessweek’s
“Bloomberg 50” Icons of 2018"
"Both a savage critique of 'techno-feudalism' and an idealistic
appeal to share the fruits of our collective intelligence more
fairly."---John Thornhill, Financial Times
"Radical Markets . . . could be best described as an interesting
new way of looking at the subject that is sometimes called
“political economy” - tackling the big questions of how markets and
politics and society intersect. . . . I highly recommend Radical
Markets . . . to anyone interested in these kinds of issues, and
look forward to seeing the discussion that the book
generates."---Vitalik Buterin
"Extremely thought provoking and clearly brilliant . . . Radical
Markets certainly made me think about property, information, power.
Well worth reading."---Diane Coyle, The Enlightened Economist
"Doesn’t anybody have anything new to offer? . . . . [Y]es: . . .
unleash the awesome power of markets . . . to uplift the poor . . .
it just might be what the world needs now. . . . [Posner and Weyl
are] smart and iconoclastic, and their book bursts with ideas like
kernels of corn on a hot stove."---Peter Coy, Bloomberg
Businessweek
"What I love is just some new ideas, because the existing ideas to
solve the injustices and inequalities aren’t working! A
must-read."---Carol Massar, Bloomberg Radio
"A very thought-provoking book is a bizarre fusion of ideas drawn
from the classical liberal . . . . and socialist tradition(s). . .
. It contains ideas . . . that really do make you think. It is a
really fun book to read and of you are someone who actually likes
having your suppositions and beliefs challenged, take a look at
it."---Reihan Salam, National Review's The Editors podcast
"An arresting if eccentric manifesto for rebooting liberalism. . .
. Radical Markets is refreshing and welcome in its willingness to
question received wisdom."
*The Economist*
"I highly recommend this book! Replacing markets by auctions (sort
of). Whether you agree or not, it shows how much liberalism is able
to renew itself."---Gaspard Koenig, Generation Libre
"Read this difficult and provocative book. It made my head hurt,
and then spin. In a world where our current economic and political
models are worth defending but are straining, this can only be a
good thing."---Paschal Donohoe, Irish Times
"It will pay the readers . . . great intellectual returns to invest
significant time in studying this book very carefully. It is
ambitious and bold, and I think it should excite the imagination
and motivate careful scholarship and analytical rigor among both
critics and those who want to pursue the line of argument laid
out."---Peter Boettke, Coordination Problem
"This system has enormous potential — simple, fair, progressive
taxes and a more dynamic economy. It would be much easier to
develop new infrastructure, build new homes, buy your neighbour’s
garden, and pour concrete all over twee villages to build monorails
or airport runways."---Tim Harford, Financial Times
"A provocative new book."
*The Economist*
"This is free market thinking but not as we know it."---Diane
Coyle, Prospect
"Glen Weyl, coauthor of Radical Markets, is tackling the core
issues: What does human dignity mean in a highly automated future?
How can we regain agency over the data we produce? If these don’t
sound like economic questions, then get ready to encounter the
future of economics. We can’t just complain about how tech is
transforming our world; we need to invent the
transformation."---Jaron Lanier, Wired
"[A] bold book."---Michael Sandel, New Statesman
"A law professor and an economist argue that the way out of
liberalism’s impasse is to expand the role of markets, not to
subdue them. . . . Together they point to a possible response to
the challenges of populism and protectionism."
*The Economist*
"Radical Markets is worth reading both for its genuinely innovative
suggestions and its well-researched accounts of the development of
economic ideas."---David V. Axelsen, Economics and Philosophy
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