Very interesting approach to setting market prices for philanthropy (by @KatjaGrace & Paul Christiano): https://impactpurchase.org/ pic.twitter.com/O5G2JI1DqI
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Related: @NickSzabo on financial innovation in Genoa in the 1400s, esp the invention of modern maritime insurance: http://unenumerated.blogspot.com/2006/10/genoa.html …pic.twitter.com/6EQFfcBIYG
historically yes but maybe current innovation is too much driven by tax and risk regulation? (Answer not < innovation)
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