What's Broken in Commodity Markets and Why the Supreme Court Is Involved - Noah Healy

My guest is Noah Healy, inventor of the Coordinated Discovery Market (CDM) — a proposed structural change to how commodity markets are priced and stabilized. Noah's patent application for CDM was initially allowed, then later reversed in an unusual move, without a clear explanation of what had changed. After years of resistance and appeals, his case has now been accepted and docketed by the U.S. Supreme Court. In this conversation, we step back and look at the larger problem: What is structurally broken in commodity market trading that leads to price spikes, volatility, and shortages — and why are those outcomes often treated as inevitable? We discuss: How current commodity markets actually work — and where they fail What CDM proposes to change at a system level Why stabilizing supply and reducing prices are often seen as incompatible — and why they may not be What a Supreme Court decision could mean, not just for CDM, but for innovation, patents, and market design more broadly This episode isn't about politics or trading tips. It's about how markets are structured, who benefits from volatility, and what it takes for genuinely novel ideas to survive institutional resistance. Show notes + MORE