Comment by @cameturtle • Hey
I think there aren't many examples where the Harberger Tax works well, but there have been several implementations already. For example, geoweb (https://ge
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We definitely have a ways to go with Harberger adoption. I think that the big missing piece is downstream of the advantages @cameturtle.lens mentioned. We need examples of better allocation efficiency and price discovery resulting in Harberger revenue flowing back into the system/public goods and generating surplus value relative to a private property system. We can experiment with different asset types, improve the UX, and educate, but (especially in crypto) adoption mostly just boils down to economic self-interest at scale. Give individual actors a choice between ENS and Harberger ENS in a vacuum—they'll choose normal ENS every time. If the theoretical Harberger ENS system reinvests more in related public goods (remember there's better allocative efficiency and price discovery to generate revenue!), then it can become a rational decision for a selfish actor to choose the asset without monopoly property rights because it offers more economic utility. It's all coordination! TL;DR: Harberger tax adoption/success is inextricably linked to effective public goods funding IMO.