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James_Miller comments on Open Thread Feb 22 - Feb 28, 2016 - Less Wrong Discussion
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In the absence of any state holding the monopoly of power a large corporation automatically grows into a defacto state as the British East India company did in India. Big mafia organisations spring up even when the state doesn't want them to exist. The same is true for various terrorist groups.
From here I could argue that the economics establishment seems to fail at their job when they fail to understand how coorperation can infact arise but I think there good work on cooperation such as Sveriges Riksbank Prize winner Elinor Ostrom.
If I understand her right than the important thing for solving issues of tragedy of the commons isn't centralized decision making but good local decision making by people on-the-ground.
The British East India company and the mafia were/are able to use the threat of force to protect their property rights. Tragedy of the commons problems get much harder to solve the more people there are who can defect. I have a limited understanding of mathematical models of evolution, but it feels like the ways that people escape Moloch would not work for billions of competing microorganisms. I can see why studying economics would cause someone to be skeptical of evolution.
Microorganisms can make collective decisions via quorum sensing. Shared DNA works as a committment device.
Interesting. Given that your field seems to be about understanding game theory and exactly how to escape Moloch, have you thought about looking deeper into the subject to see whether the microorganisms due something that useful in a more wider scale and could move on the economist's understanding of cooperation?
Beliefs have to pay rent ;)
I have thought about studying in more depth the math of evolutionary biology.