The hottest Public Goods Substack posts right now

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Wokeness Dismantled, Part 3

Life Since the Baby Boom • 1613 implied HN points • 09 Dec 24
🇺🇸 U.S. Politics Political theory Environmental Policy Social Psychology Behavioral Economics Public Goods
  1. The Tragedy of the Commons shows how individual self-interest can harm the common good. If everyone takes too much from a shared resource, like a pasture, it can lead to disaster for everyone.
  2. Not all experts agree on how to manage shared resources. While Garrett Hardin warned about the dangers of overuse, Elinor Ostrom showed that communities can effectively cooperate to manage their resources without strict government control.
  3. Trusting science can sometimes mean questioning popular beliefs. It’s important to look at different viewpoints and actual case studies to understand how people manage shared resources.

Why We Need To Angel “Invest” in Individuals

America 2.0 (by Gary Sheng) • 216 implied HN points • 23 Mar 23
💼 Business Investing Funding Public Goods
  1. Web3 is changing how we fund public goods by encouraging individuals to contribute to funding infrastructure.
  2. Funding individuals, or 'Public Greats,' is essential for maximizing the impact of projects and ecosystems.
  3. Supporting Public Greats through Angel Investors and Mintable Milestones can free them from traditional grant application challenges and empower them to make a significant difference.

Is Network Reliability a Public Good?

Knowledge Problem • 117 implied HN points • 30 Mar 23
🔬 Science Public Goods Networks Economics Policy Reliability
  1. Club goods are goods that can be consumed non-rivalrously but can exclude non-payers.
  2. Network reliability is not necessarily a public good; not everything valuable to the public is a public good.
  3. Investments in reliability may benefit others but can still be individually worthwhile, leading to efficient outcomes without the need for heavy central coordination.

The Public Goods Funding Landscape

Splitting Infinity • 0 implied HN points • 15 Oct 23
🔬 Science Cryptocurrency Public Goods Funding Cryptography
  1. Public goods are resources that are nonexcludable and nonrivalrous, and modern technology is making some private goods resemble public goods.
  2. Mechanisms for funding public goods face challenges like the free-rider problem and impossibility theorems regarding efficiency, incentive compatibility, individual rationality, and budget balance.
  3. Different mechanisms like assurance contracts, Vickrey-Clarke-Groves mechanism, quadratic funding, lotteries, and the Lindahl process aim to address the public goods funding problem, each with its own strengths and challenges.

India’s ‘UPI Moment’ in AI has Arrived

Sector 6 | The Newsletter of AIM • 0 implied HN points • 15 Jul 24
🕹 Technology AI E-commerce Digital Transformation Public Goods
  1. India's UPI has changed how people handle money, making it easier for everyone. This success is now inspiring new projects to make online shopping and transportation more accessible.
  2. Experts believe that India is about to see a big boost in generative AI, similar to what happened with UPI. They see potential for AI to serve many people in a practical way.
  3. There are discussions about creating a local AI model that focuses on India's specific needs. This could provide valuable digital tools for the country's development.
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