3min chapter

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#47 – Jason Crawford on Progress Studies

Hear This Idea

CHAPTER

How to Use Money to Solve a Problem

The advance market commitment, or the demand poll on type of mechanisms where you basically provide a profit incentive. You can use money to try to solve a problem is by giving grants to people who are going to do it yourself. Another thing you can do is make a credible commitment to being purchaser for these things if some one should come up with them.

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