Good piece on prediction markets - saying prediction markets' issue isn't over-regulation but a lack of dumb money.

Small markets full of sophisticated participants --> limited profit potential --> markets stay small.

worksinprogress.co/issue/why-pred…

Most prediction markets are not actually prohibited. But they're still not very popular, and there are good and hard-to-change reasons why.

It's sad to say, but prediction markets might not ever be able to achieve the scale they need to be useful.

worksinprogress.co/issue/why-pred…

Congestion pricing in NYC was first proposed in 1952, and it was unsuccessfully recommended by the city government multiple times in the 1970s and 80s. I bring you the long road to congestion pricing in Works in Progress worksinprogress.co/issue/new-york…

This might be our best issue yet

Only 28% of the eventual trade value on the 2020 election was made in the months before the election

Time and time again Works in Progress reminds us of critical areas to focus on: Ben Adler's write-up of the story of the coalition building that's made progress on NYC congestion pricing is essential reading for the new generation of YIMBY activists and policy entrepreneurs.

I believe much more of our bandwidth should be spent getting ready for the next generations of models, on security, monitoring, preparedness, safety, adversarial robustness, (super)alignment, confidentiality, societal impact, and related topics.

Rising maternal mortality in the US, like 'food deserts' and bee population collapse, is one of those memes that by default will be repeated forever even after it's proven false.

Share Saloni's excellent piece to make sure that doesn't happen.

Want to join us for a party in Paris next week? More info here: partiful.com/e/oZRktXvMCOLv…

Many people on twitter have heard of Henry George and the idea of a Land Value Tax? However what did he did expect it do do? Well apparently reverse urbanisation and restore faith in the afterlife. More from me and Works in Progress . worksinprogress.news/p/what-did-hen…

We're throwing a party for Works in Progress in Paris on May 23rd. DM me if you'd like to come

Here is a VERY exciting Substack from, for my money, Britain's best young writer on housing. Why today's planning restrictions are the spitting image of the Corn Laws of the 1800s.

Charles Babinski left Go Get ‘Em Tiger, the legendary LA coffee co he founded a few years ago.

Now he’s got a perfect little cafe in Sydney, a block from the beach.

An underrated part of getting good at cooking is that it teaches you so much about having agency

You really can just make some of the best food you’ve ever had in your life on a few hours notice

Did you know that?

Fresh, high quality ingredients + a well-sourced recipe + a

Australians invented sushi

Sydney

the works in progress pizza party in sydney, australia last night was a movie

Look what just arrived in the mail - the print version of Works in Progress! 📖

Absolutely speechless at how stunning they are 😍

Big thanks to the (incredible) team behind this!

Where can I try traditional Australian sushi in Sydney?