Think Differently. Solve the Impossible.

What if price spikes and shortages aren't simply market failures—they're the predictable result of how commodity markets are designed?

My guest is Noah Healy, inventor of the Coordinated Discovery Market (CDM), a proposed redesign of commodity markets intended to improve price discovery, reduce volatility, and better match supply with demand.

Noah's patent application for CDM was initially allowed, then later reversed during the patent process. After years of appeals, his case has now been accepted and docketed by the U.S. Supreme Court.

In this conversation, we explore questions such as:

• How do today's commodity markets actually work?
• Why do price spikes, shortages, and volatility occur?
• Are those outcomes inevitable, or are they a consequence of market design?
• How does the Coordinated Discovery Market differ from existing commodity exchanges?
• What could this case mean for innovation, patents, and the future of market design?

This episode isn't about investment advice. It's about market structure, incentives, innovation, and a broader question:

If a system consistently produces outcomes we don't want, is the problem the participants—or the system itself?