I have a very hard time evaluating Moldbug's claims, due to my lack of background in the relevant history, but holy shit, do I ever enjoy reading his posts.
The crowd here may be very interested in watching him debate Robin Hanson about futarchy before an audience at the 2010 Foresight conference. Moldbug seems to be a bit quicker with the pen than in person.
Moldbug's initial post that spurred the argument is here; it's very moldbuggy, so the summary, as far as my understanding goes, is like this: Futarchy is exposed to corrupt manipulators, decision markets can't correctly express comparisons between multiple competing policies, many potential participants are incapable of making rational actions on the market, and it's impossible to test whether it's doing a good job.
http://unqualified-reservations.blogspot.com/2009/05/futarchy-considered-retarded.html
Video of the debate is here: http://vimeo.com/9262193
Moldbug's followup: http://unqualified-reservations.blogspot.com/2010/01/hanson-moldbug-debate.html
Hanson's followup: http://www.overcomingbias.com/2010/01/my-moldbug-debate.html
I enjoy reading his posts too (when I have the time - not much, lately), but I wasn't very impressed by his debate with Robin Hanson - his arguments seemed to be mostly rehashing typical arguments against prediction markets that I'd heard before.
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