@vgr
Another must read for crypto people. A great case study in designing a properly tokenized market solving a real problem. They didnt use crypto though they could have, but the main thing is they focused on the actual information structure design problem first, mechanisms second. Crypto people typically start with mechanism first and usually don’t even get to the problem, waving it aside as “application details left as a homework exercise for domain experts” when that’s actually the harder problem. https://open.substack.com/pub/matthewyglesias/p/how-to-actually-feed-america