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Futarchy vs Autarchy - What's the difference?

futarchy | autarchy |

As nouns the difference between futarchy and autarchy

is that futarchy is a form of government proposed by economist robin hanson, in which elected officials define measures of national welfare and prediction markets are used to determine which policies will have the most positive effect while autarchy is a condition of absolute power.

futarchy

English

Noun

(futarchies)
  • a form of government proposed by economist Robin Hanson, in which elected officials define measures of national welfare and prediction markets are used to determine which policies will have the most positive effect
  • autarchy

    Noun

    (autarchies)
  • A condition of absolute power.
  • An autocratic government; an autocracy.
  • Self-government; a condition of economic self-sufficiency or national independence.
  • Synonyms

    * (self-government) independence, self-sufficiency; autonomy

    Derived terms

    * autarch * autarchic * autarchical * autarchically * autarchist