futarchy

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noun

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.

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Meanings

nounfutarchy (plural futarchies)

plural futarchies

  1. 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.

    [Vitalik Buterin is] an unabashed geek whose eyes spark when he alights upon one of his favorite concepts, whether it be quadratic voting or the governance system futarchy.

    2022 March 18, Andrew Chow, “The Man Behind Ethereum Is Worried About Crypto's Future”, in Time, →ISSN, archived from the original on 23 Mar 2022

Origin

Perhaps a blend of (idea) futures + -archy.

Full word history & related roots →
Cite this entry
APA

futarchy. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/futarchy

MLA

“futarchy.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/futarchy. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “futarchy,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/futarchy.

Source: futarchy on Wiktionary, CC BY-SA 4.0.