Feeding America replaced its central-planning-style food allocation system with an internal auction currency called ‘shares.’ Supply jumped 35% overnight — the same food, just allocated where it was actually wanted.
Feeding America replaced its central-planning-style food allocation system with an internal auction currency called ‘shares.’ Supply jumped 35% overnight — the same food, just allocated where it was actually wanted.
Feeding America replaced its centralized food allocation formula with an internal auction system where food banks bid “shares” for donated food twice daily. Supply rose ~35% in the first year — no new donations, just better allocation. The internal socialist critic who opposed it became one of its biggest advocates.
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Feeding America replaced its centralized food allocation formula with an internal auction system where food banks bid “shares” for donated food twice daily. Supply rose ~35% in the first year — no new donations, just better allocation. The internal socialist critic who opposed it became one of its biggest advocates.
[Source: Works in Progress](https://worksinprogress.co/issue/how-market-design-can-feed-the-poor/)