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Planet Money
Planet Money

The great German land lottery

Nov 15, 2024 · 28m
AI Summary
  • German farmers in the Osing region participate in a centuries-old lottery called Osingverlosung that randomly redistributes communal farmland every ten years.
  • The land lottery system aims to fairly allocate scarce resources while avoiding conflicts between farmers seeking the best land.
  • The medieval tradition represents a unique solution balancing fairness and efficiency in resource allocation that remains relevant today.

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