Economics and Politics

As information processing systems, good economic and political systems must meet the same standards that apply to any of their kind; they must achieve their ends efficiently. Researchers such as Friedrich Hayek have demonstrated that the most efficient economic and political systems are those that exert a minimum of control, allowing spontaneous orders to flourish. Economic and political systems must furthermore advance (trans)human ends. Extropy takes the point of view that these two qualifications are entirely compatible; the most efficient economic and political systems are those that maximize human liberty. Thus the best economic systems are free market, and the best political systems libertarian. (Libertarians assert that the state, if one is neccessary, should permit all acts except assault, theft and fraud.) Extropy will pursue such free market and libertarian analyses of economic and political systems, working toward the day when economic and political systems serve us, rather than we them.