Economics

paper source (LR is) as flexible and responsive as the market, but avoids free-rider problems. Flexible and responsive: any one can propose a new public good project, and the project can get enough fundings even when only a small community funds it. Subsidies create incentives for citizens to fund projects.

Economic problem of society is mainly one of rapid adaptation to changes in the particular circumstances of time and place, it would seem to follow that the ultimate decisions must be left to the people who are familiar with these circumstances, who know directly of the relevant changes and of the resources immediately available to meet them.