1. Warren Buffett consistently beats the EMH as an exceptionally smart person
2. Prediction markets systematically outperform all individual smart people
3. Therefor, if futarchy is implemented, we will inevitably end up with a functional planned economy.
1. Warren Buffett consistently beats the EMH as an exceptionally smart person
2. Prediction markets systematically outperform all individual smart people
3. Therefor, if futarchy is implemented, we will inevitably end up with a functional planned economy.