Episode 146. Economy 2.0 – Floating cities and the libertarian society

February 6, 2025

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Economy 2.0, launched in collaboration with The Silvio Gesell Foundation, is a monthly series that investigates these pressing questions. Each episode will feature thought leaders, economists, and forward-thinking experts sharing their perspectives on the future of the global economy and the path forward.

In this episode, host Josh Sidman is joined by Patri Friedman.

Patri is a libertarian and anarcho-capitalist thinker and activist. He began his career in computer science and coding but eventually shifted towards grander ambitions. Trying to find a society that adhered to his libertarian values, Patri began to experiment with the creation of new cities. This led to his founding of the Seasteading Institute, a non-profit dedicated to building floating communities on water. Leveraging his knowledge and passion for seasteading, Mr. Friedman works as a Partner at Zarco Investment Group and Pronomos, both of which are investment funds that raise the capital needed to build these cities. Patri earned his bachelor’s degree in mathematics from Harvey Mudd College, his master’s in computer science from Stanford, and his MBA from the New York Institute of Technology.

Mr. Friedman discussed floating cities, a relatively new concept called liquid democracy, and what his grandfather, Milton Friedman, would have thought about cryptocurrencies.