We establish a benchmark result for the relationship between the loanablefunds and the money-creation approach to banking. In particular, we show that both processes yield the same allocations when there is no uncertainty and thus no bank default. In such cases, using the much simpler...

We suggest that flexible majority rules for currency issuance decisions foster the stability of a cryptocurrency. With flexible majority rules, the voteshare needed to approve a particular currency issuance growth is increasing with this growth rate. By choosing suitable parameters for these...

How society should deal with the self-strengthening Tech Giants is a muchdiscussed issue. We suggest to democratize them by giving users a say in their decisions. With newly-developed collective decision rules and user councils, democratization of Tech Giants becomes feasible.