Cognitive Democracy by Henry Farrell and Cosma Shalizi looks at how three types of social institutions, namely markets, hierarchies, and democracies, solve social problems. The emphasis is on the cognitive aspects of said solutions -- how do the various institutions combine the information they need to create solutions -- and the main arguments are aimed at showing democracies do better and markets and hierarchies do worse than is sometimes supposed.

I was disappointed by this paper, which is to say that I was excited by the premise but felt let down by the execution. Here are some of the places where I think they went wrong: