{"id":13261,"date":"2015-11-08T09:00:02","date_gmt":"2015-11-08T14:00:02","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=13261"},"modified":"2015-11-08T14:28:19","modified_gmt":"2015-11-08T19:28:19","slug":"using-capitalist-ideas-to-improve-socialist-food-distribution","status":"publish","type":"post","link":"https:\/\/www.Centives.net\/S\/2015\/using-capitalist-ideas-to-improve-socialist-food-distribution\/","title":{"rendered":"Using Capitalist Ideas To Improve Socialist Food Distribution"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2015\/11\/110815_1925_UsingCapita1.jpg\" alt=\"\" width=\"641\" height=\"427\" \/><\/p>\n<p>Feeding America accepts donations from food manufacturers and operated food banks across the United States to feed the poor. Alex Teytelboym wrote about how it benefited from a shot of Chicago economics:<\/p>\n<ul>\n<li>Feeding America used to treat all food as the same. A pound of chicken was the same as a pound of French Fries.<\/li>\n<li>It also prioritized the food banks it sent the food too.<\/li>\n<li>The organization would ask its food banks, in order of priority if they wanted the food that they had. If a food bank said no, then its priority was lowered and it wouldn&#8217;t be offered food as often in the future.<\/li>\n<li>This meant that food banks were afraid of saying no to a delivery of food. So they would always say yes \u2013 even if they didn&#8217;t need the food, meaning that a lot of food went to waste.<\/li>\n<li>An eBay style auction system was designed to make things more efficient.<\/li>\n<li>Food banks were given daily online credits based on the size and characteristics of the population they served.<\/li>\n<li>They could use these credits to bid on food deliveries, allowing the food banks to decide what kinds of food they would receive.<\/li>\n<li>Banks weren&#8217;t penalized for failing to use their credits which meant that there was far less wastage.<\/li>\n<li>For food banks that have an unexpected surge in demand a system of loans was also implemented so that they could effectively serve their populace.<\/li>\n<\/ul>\n<p>Read more about the system, the economists that helped design it, and what this says about welfare economics more generally over <a href=\"http:\/\/theweek.com\/articles\/580341\/what-happens-when-americas-sovietstyle-food-banks-embrace-freemarket-economics\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/theweek.com\/articles\/580341\/what-happens-when-americas-sovietstyle-food-banks-embrace-freemarket-economics\">The Week<\/a><\/p>\n<p>Via: <a href=\"http:\/\/marginalrevolution.com\/marginalrevolution\/2015\/11\/free-market-food-banks.html\">Marginal Revolution<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Feeding America accepts donations from food manufacturers and operated food banks across the United States to feed the poor. Alex Teytelboym wrote about how it benefited from a shot of Chicago economics: Feeding America used to treat all food as the same. A pound of chicken was the same as a pound of French Fries. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13260,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"https:\/\/www.Centives.net\/S\/wp-content\/uploads\/2015\/11\/110815_1925_UsingCapita1.jpg","_links":{"self":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/13261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=13261"}],"version-history":[{"count":3,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/13261\/revisions"}],"predecessor-version":[{"id":13264,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/13261\/revisions\/13264"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/13260"}],"wp:attachment":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=13261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=13261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=13261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}