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Can we get to no hoops? That's the intriguing challenge!
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That's definitely a challenge :-)!
I'm unfamiliar with the concepts of institutional analysis but definitely interested in learning more.
I'm also interested in the Functional Source License.
I'm skeptical though! I live in a country where corporations will literally make people work for food if they can. It's very hard for me to imagine how an open source project gives away the thing of value that it produces and only afterwards gets the money it needs to survive.
Solving the open source sustainability problem would actually be world changing.
For now I'm following you on Twitter and look forward to future posts.