Vernon Smith on the housing bubble, Adam Smith, and libertarianism — [VIDEO]

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In Q1, the iPad was equal to 7% of the PC market. Now, it’s at 11%. — [LINK]

[I]f the iPad were lined up against all other computers, it would be the fourth-biggest computer brand in the world — after HP, Dell, and Lenovo […].

After years of pretending being a prediction market consultant, Robin Hanson finally confesses nobody has ever cared about his stuff. – [LINK]

The Emperor of enterprise prediction markets is naked.

Robin Hanson:

I can confirm that this disinterest is real payday loans Philadelphia. For example, when I try to sell firms on internal prediction markets wherein employees forecast things like sales and project completion dates, such firms usually don’t doubt my claims that such forecasts are cheap and more accurate. Nevertheless, they usually aren’t interested.

The other take about forecast accuracy.