[Cross-posted at LaTNB]
The Seasteading Institute has just published my paper on governance mechanisms for seasteads. As I point out in the paper, trying to predict what will work ahead of time is not what letting a thousand nations bloom is all about. We do, however, need to start from somewhere and the experience of customary law, private communities, and corporate governance have a lot to teach us. From the conclusion:
Perhaps the single most important point we should take from these case studies, though, is that humans will find ways of solving their problems when low-cost experimentation is possible. In some sense, governance is a hard problem: we simply cannot foresee all the problems ahead of time and devise a good system of rules. In another sense, though, the problem is easy. We know from history that institutional evolution works on land, and there do not seem to be any barriers to it working on the ocean. Of course, this institutional evolution will require careful thinking: it is through conscious effort that good ideas are developed. The magic of ex-post selection only happens ex-post, and a healthy dose of ex-ante common sense and historical knowledge will go a long way in ensuring that early seasteads do not fail due to poor governance.
The paper was a lot of fun to write. It was great getting extensive feedback along the way from some very smart and distinguished people and putting some of the ideas we discuss here at LaTNB in a form which will hopefully prove useful to future marine real estate developers.