Group Income July Progress Update

The Group Income prototype is nearing completion. We will sign up groups for the prototype to give us feedback before the public release. What’s holding up the prototype? There are two reasons why the prototype is taking a while to complete: We are designing software that will affect people’s finances, and possibly their relationships. “Move … Read more

Basic Security: Our Real Goal

Money is simply a tool that exists in circumstances when there is scarcity within an economy. It is a way of measuring the scarcity-demand for something. It is therefore a way of restricting access to that something. But when a lot of people choose to charge for scarce items using money, it gives money itself … Read more

A New Series About Group Income

Group Income Shorts

What is Group Income…? …How does Group Income work…? …And what does Star Trek have to do with it? These are just a few of the questions we’ll be answering on our shiny new FAQ and our shiny new YouTube channel, starting with the most fundamental question: What is Group Income? We hope you enjoy … Read more

Deprecating May’s Theorem

This is a followup to “Misconceptions About Majority Rule”. We recommend reading that first. Previously, we left off with the following conclusion about May’s Theorem: The primary justification for majority rule—May’s Theorem—does not say (in math) what it claims it says (in English), and its descriptions in textbooks and across the web are misleading. Majority … Read more

What Makes A Good Voting System?

What "Voting" Means

It’s not completely clear how this happened, but somewhere in our history it was decided that, “A majority voting in favor of something indicates the presence of agreement, and we should proceed ahead.” Where this notion comes from, and the (mis)information surrounding majority rule, is the subject of this and a future post. Welcome to … Read more