Glen Weyl

Eric Glen Weyl (born May 6, 1985)[1] is an economist and a Principal Researcher at Microsoft Research New England[2][3] and author of the book Radical Markets: Uprooting Capitalism and Democracy for a Just Society with co-author Eric Posner.[4][5]

Weyl in 2018

Weyl is co-creator of quadratic voting, a collective decision-making procedure that enables determination of how strongly voters feel about an issue, rather than simply ascertaining whether they are in favor of it or opposed to it.[2]

Early life

Weyl was born in San Francisco,[1] and grew up in Palo Alto, California.[6] He is Jewish.[7] His family favored the Democratic Party, but Weyl grew towards free market principles after being introduced to the works of Ayn Rand and Milton Friedman.[8]

Education and career

Weyl graduated Choate Rosemary Hall preparatory high school in 2003, where he won the Douglass North award for economics and the William Gardner and Mary Atwater Choate Award for outstanding male scholar.[9] He went on to attend Princeton University, where four years later, he had completed all his coursework and exams for a Doctor of Philosophy in Economics, as well as being selected as class of 2007 valedictorian.[6]

After his PhD, Weyl spent three years as a Junior Fellow at the Harvard Society of Fellows and another three years as an Assistant Professor at the University of Chicago before joining Microsoft Research as an economist and Principal Researcher. He also teaches a course at Yale University, "Designing the Digital Economy," that blends economics and computer science in much the way that digital economists blend them at tech companies.[10]

Selected bibliography
  • Weyl's book, Radical Markets: Uprooting Capitalism and Democracy for a Just Society (Princeton University Press, May 15, 2018, ISBN 978-0691177502), written with Eric Posner, proposes radical market-based solutions to solve current social problems such as economic inequality, stagnation, and political instability, which the authors believe are based on monopoly power. The book proposes requiring all property owners to name the price they would sell that property at, then taxing them based on that value. This would both ensure that all property be used in the most efficient way, and would provide a large social dividend to society. The book would have tech companies that gather personal data pay its users for that data. For democratic government, it recommends quadratic voting, giving each voter a vote budget that can be spent more heavily on issues they care more about.[8][11][12][13][14]

Articles
  • "A price theory of multi-sided platforms", American Economic Review (2010)[15]
  • "Pass-through as an economic tool: Principles of incidence under imperfect competition", Journal of Political Economy (2013, with M Fabinger)
  • "A proposal to limit the anti-competitive power of institutional investors", Antitrust Law Journal (2017, with FM Scott Morton)
  • "Should We Treat Data as Labor? Moving beyond 'Free'", American Economic Association / aeaweb.org (2018, with Imanol Arrieta-Ibarra, Leonard Goff, Diego Jiménez-Hernández, and Jaron Lanier)

Personal life

Weyl married Alisha Caroline Holland in 2010.[16] They met in 2003 during their first year at Princeton, where Holland was winner of the Moses Taylor Pyne Honor Prize.[17] As of 2018, Holland worked at Princeton as an Associate Professor of Politics.[18]

References
  1. "Glen Weyl, Microsoft Biography". Microsoft Research. Retrieved 20 July 2018.
  2. Coy, Peter (1 May 2019). "A New Way of Voting That Makes Zealotry Expensive". Bloomberg. Retrieved 8 August 2019.
  3. "Glen Weyl". Microsoft Research. Retrieved 2019-07-28.
  4. "Glen Weyl | Biography". Retrieved 2019-07-28.
  5. "Economist Glen Weyl on Three Radical Paths to Equality". Wired. September 18, 2018.
  6. Quiñones, Eric (May 28, 2007). "Valedictorian capitalizes on time at Princeton". Princeton University. Retrieved 19 July 2018.
  7. Friedman, Gabe (October 27, 2015). "The 'lifelong Zionists' who called for an Israel boycott. In a Washington Post op-ed, professors Steven Levitsky and Glen Weyl urged economic sanctions on Jewish state". The Times of Israel. An Op-Ed co-written last Friday by two American Jewish professors has stirred Internet controversy, with the focus largely on their use of four words: “We are lifelong Zionists.”
  8. Ip, Greg (June 13, 2018). "Demolishing Monopoly From Below: How Two Radicals Would Remake Markets". The Wall Street Journal. Retrieved 19 July 2018.
  9. "Glen Weyl '03 Selected Princeton Valedictorian". Choate Rosemary Hall. June 24, 2007. Retrieved 18 July 2018.
  10. Lohr, Steve (3 September 2016). "Goodbye, Ivory Tower. Hello, Silicon Valley Candy Store". New York Times. Retrieved 8 August 2019.
  11. "Chapters – Radical Markets". Retrieved 19 July 2018.
  12. "Don't shrink the role of markets—expand it". The Economist. 10 May 2018. Retrieved 8 August 2019.
  13. Rohac, Dalibor Rohac (19 February 2019). "The Solution to Capitalist Inequality: Radical Markets (book review)". The American Interest. Retrieved 8 August 2019.
  14. Donohoe, Paschal (5 May 2018). "Radical Markets review: 'Read this difficult and provocative book'". Irish Times. Retrieved 8 August 2019.
  15. Weyl, E. Glen (2010). "A Price Theory of Multi-sided Platforms". American Economic Review. 100 (4): 1642–1672. doi:10.1257/aer.100.4.1642. S2CID 154969943.
  16. Radomsky, Rosalie (August 20, 2010). "Alisha Holland and Glen Weyl". The New York Times. Retrieved 18 July 2018.
  17. Andrews, Avital (April 17, 2014). "The 30 Top Thinkers Under 30: The Student of Latin American Politics Who Wants to Understand Inaction". Pacific Standard. Retrieved 20 July 2018.
  18. "Alisha Holland - Department of Politics at Princeton University". Princeton University. Retrieved 20 July 2018.
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