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Economics

Experiments With Liberal Radicalism

A crowdfund matching mechanism for public goods, like open source

A recent paper entitled Liberal Radicalism proposes a mechanism to fund public goods in a new and unique fashion. Written by Vitalik Buterin, Zoë Hitzig, and Glen Weyl, the paper introduces a mechanism called Capital-constrained Liberal Radicalism (‘CLR’) which I’ll explain in greater detail below.A summary of the paper (and the CLR mechanism) from the paper is as follows.

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