@vgr: case study in tokenized market design, information structure first

@vgr argues that designing a properly tokenized market should begin with information structure rather than mechanisms, using a case study that solves a real problem without using crypto, though it could have. The case study's designers focused first on the information structure problem and second on mechanisms. The post contrasts this with crypto projects, which typically start with mechanisms and dismiss the problem as "application details left as a homework exercise for domain experts," even though it is the harder problem. The linked case study is a Substack piece by Matthew Yglesias, "How to actually feed America."