Philosophy

If we citizens have uniform economic information to vote in our own interests, we become a collective economic force to make politicians to act in our best interests. This parallels free markets in the business sector.

TransGov's philosophy tracks key historical thinkers. For example, Adam Smith called our philosophy "the invisible hand" (which economists now call “free markets”). Friedrich Hayek called it "spontaneous order." Nobel economist Vernon Smith called it "ecological rationality." James Surowieki called it “the wisdom of crowds,” which says that large groups of non-experts consistently make better decisions than cloistered elites.” George Gilder called it “entropic information” – bottom-up rather than top-down control. Acemoglu and Robinson, in Why Nations Fail, called it “inclusive institutions” controlled by many, instead of “exclusive institutions” controlled by the powerful few.