What happens when an economist starts designing a future society?
Thirteen years ago, I sat down with Robin Hanson for a second time. It became the most vigorous debate ever recorded.
I rarely disagree with a guest. With Robin, I disagreed more than I ever had.
Here is what unsettled me. His work on the Em Economy reads like social science. It uses the language of markets, incentives, and equilibrium. But underneath the economic reasoning sit choices that are not economic at all. Policies of social discrimination. The full privatization of law and punishment. Minds run a thousand times faster, and handed a thousand times more voting power. Emulations deleted when they cannot pay their storage fees.
These are not technical footnotes. They are ethical and political decisions wearing the costume of impartial analysis.
Adam Smith, the father of economics, was first a moral philosopher. He understood where the tools of his discipline stop being useful and start being dangerous.
