English

Spinoza, Leibniz, Kant, and Weyl

Theoretical Economics 2022-07-05 v2

Abstract

The paper describes a funding mechanism called Quadratic Finance (QF) and deploys a bit of calculus to show that within a very clean and simple linear model QF maximizes social utility. They differentiate the social utility function. The mathematical content of this note is that by taking one further derivative, one may also deduce that QF is the unique solution.

Keywords

Cite

@article{arxiv.2206.14711,
  title  = {Spinoza, Leibniz, Kant, and Weyl},
  author = {Michael H. Freedman},
  journal= {arXiv preprint arXiv:2206.14711},
  year   = {2022}
}