This was really helpful and gives me some great stuff to look at.

Thank you.

My theory is that actors in an economy spend cash on things and some of those things produce lasting value in the economy and some don't. Each actors probability of making a valuable choice that leads to overall growth is unknown. If we reward those that make a valuable voice with fresh cash, they then have the opportunity to succeed or fail again. If we do this over and over the 'right' probabilities will emerge and we will see who the 'best spenders' are by who has the biggest rewards flowing back.

We optimize for value creation and in the long run have a system with better and better information.