Comments on: The Economist should set up The Open Institute of Prediction Markets. http://www.midasoracle.org/2007/03/25/the-economist-should-set-up-the-open-institute-for-prediction-markets/ Prediction Markets, etc. Thu, 02 Feb 2012 23:13:18 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: NEXT SUNDAY, THE FRENCH WILL ELECT REPUBLICAN NICOLAS SARKOZY AS THEIR PRESIDENT. | Midas Oracle .ORG http://www.midasoracle.org/2007/03/25/the-economist-should-set-up-the-open-institute-for-prediction-markets/#comment-17423 NEXT SUNDAY, THE FRENCH WILL ELECT REPUBLICAN NICOLAS SARKOZY AS THEIR PRESIDENT. | Midas Oracle .ORG Fri, 14 Mar 2008 07:04:37 +0000 http://www.midasoracle.org/2007/03/25/the-economist-should-set-up-the-open-institute-for-prediction-markets/#comment-17423 [...] Previous: The Economist should set up The Open Institute of Prediction Markets. [...] [...] Previous: The Economist should set up The Open Institute of Prediction Markets. [...]

]]> By: Chris. F. Masse http://www.midasoracle.org/2007/03/25/the-economist-should-set-up-the-open-institute-for-prediction-markets/#comment-15259 Chris. F. Masse Tue, 27 Mar 2007 13:55:13 +0000 http://www.midasoracle.org/2007/03/25/the-economist-should-set-up-the-open-institute-for-prediction-markets/#comment-15259 The Economist and Project Red Stripe http://endlessinnovation.typepad.com/endless_innovation/2007/03/the_economist_a.html <blockquote>One of the more intriguing ideas is The Open Institute of Prediction Markets, proposed by Chris F. Masse of the Midas Oracle: "The Economist Group should set up a Web-based outlet, “The Open Institute of Prediction Markets”, for the purpose of stimulating and focusing the energies of prediction markets on the creation of superior global business intelligence."</blockquote> --- <strong>NEXT SUNDAY, THE FRENCH WILL ELECT REPUBLICAN NICOLAS SARKOZY AS THEIR PRESIDENT.</strong> http://www.midasoracle.org/2007/04/20/next-sunday-the-french-will-elect-republican-nicolas-sarkozy-as-their-president/ <strong>(Content of The Economist + Prediction Markets)</strong> Let’s create the Prediction Market Coalition Forces. http://www.midasoracle.org/2007/04/20/lets-create-the-prediction-market-coalition-forces/ The Economist and Project Red Stripe
http://endlessinnovation.typepad.com/endless_innovation/2007/03/the_economist_a.html

One of the more intriguing ideas is The Open Institute of Prediction Markets, proposed by Chris F. Masse of the Midas Oracle: “The Economist Group should set up a Web-based outlet, “The Open Institute of Prediction Markets”, for the purpose of stimulating and focusing the energies of prediction markets on the creation of superior global business intelligence.”

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NEXT SUNDAY, THE FRENCH WILL ELECT REPUBLICAN NICOLAS SARKOZY AS THEIR PRESIDENT.
http://www.midasoracle.org/2007/04/20/next-sunday-the-french-will-elect-republican-nicolas-sarkozy-as-their-president/
(Content of The Economist + Prediction Markets)

Let’s create the Prediction Market Coalition Forces.
http://www.midasoracle.org/2007/04/20/lets-create-the-prediction-market-coalition-forces/

]]> By: Chris. F. Masse http://www.midasoracle.org/2007/03/25/the-economist-should-set-up-the-open-institute-for-prediction-markets/#comment-15256 Chris. F. Masse Mon, 26 Mar 2007 17:43:24 +0000 http://www.midasoracle.org/2007/03/25/the-economist-should-set-up-the-open-institute-for-prediction-markets/#comment-15256 An interesting take on The Economist's Project Red Stripe: "Mard" at SlashDot: http://slashdot.org/comments.pl?sid=226026&cid=18305840 <blockquote>I have no idea if this plan will result in some way for The Economist to survive, but I hope they find a way to modernize where so many other papers are currently failing, because I've found them to be one of the single best sources for news in the world. Sure it's a week old by the time the paper (okay, "magazine") reaches my mailbox, but I still find myself learning more about topics that I'd previously only find headlines and blurbs about in mainstream national media. Sometimes the paper takes a stance I don't agree with (for instance, they basically support Bush's troop surge), however they present their stance on hot issues like this one in such a way that you really understand how someone can hold that belief rationally, rather than traditional media which simply tries to dismiss opposing viewpoints (or sometimes doesn't even present them, ala Fox "News"). It's refreshing to read compared to, say, AP source articles, which are written to the lowest common denominator. I suggest everybody take a look at their website to see what quality journalism in today's world can look like. The full content of next week's issue is available for free online (such is the nature of the internet), as well as some additional media content. If any paper deserves to survive the tradition to the new electronic era, it's this one....oh and I guess the NY Times should live, too. Check them out: http://www.economist.com/index.html [economist.com] Typically I would take the stance that if an industry can't adapt to the information age, it deserves to die... Leaner and meaner companies are still capable of competing in some markets, but journalism is an industry that by its vary nature requires more manpower to achieve success, yet their revenue streams are failing as people flock to the internet for news. The problem is, people ignore advertisements online and nobody has found another model that can support news organizations. Some companies will survive this "great dying": CNN and Fox News, for example, are owned by parent companies and are essentially pet projects of very rich men. It helps that television is still profitable, too. But must all independent news organizations be purchased to survive? Will the news industry solely survive as the philanthropic arm of gigantic megacorps in the future?</blockquote> An interesting take on The Economist’s Project Red Stripe:

“Mard” at SlashDot:
http://slashdot.org/comments.pl?sid=226026&cid=18305840

I have no idea if this plan will result in some way for The Economist to survive, but I hope they find a way to modernize where so many other papers are currently failing, because I’ve found them to be one of the single best sources for news in the world. Sure it’s a week old by the time the paper (okay, “magazine”) reaches my mailbox, but I still find myself learning more about topics that I’d previously only find headlines and blurbs about in mainstream national media. Sometimes the paper takes a stance I don’t agree with (for instance, they basically support Bush’s troop surge), however they present their stance on hot issues like this one in such a way that you really understand how someone can hold that belief rationally, rather than traditional media which simply tries to dismiss opposing viewpoints (or sometimes doesn’t even present them, ala Fox “News”). It’s refreshing to read compared to, say, AP source articles, which are written to the lowest common denominator. I suggest everybody take a look at their website to see what quality journalism in today’s world can look like. The full content of next week’s issue is available for free online (such is the nature of the internet), as well as some additional media content. If any paper deserves to survive the tradition to the new electronic era, it’s this one….oh and I guess the NY Times should live, too.

Check them out: http://www.economist.com/index.html [economist.com]

Typically I would take the stance that if an industry can’t adapt to the information age, it deserves to die… Leaner and meaner companies are still capable of competing in some markets, but journalism is an industry that by its vary nature requires more manpower to achieve success, yet their revenue streams are failing as people flock to the internet for news. The problem is, people ignore advertisements online and nobody has found another model that can support news organizations. Some companies will survive this “great dying”: CNN and Fox News, for example, are owned by parent companies and are essentially pet projects of very rich men. It helps that television is still profitable, too. But must all independent news organizations be purchased to survive? Will the news industry solely survive as the philanthropic arm of gigantic megacorps in the future?

]]> By: Chris. F. Masse http://www.midasoracle.org/2007/03/25/the-economist-should-set-up-the-open-institute-for-prediction-markets/#comment-15255 Chris. F. Masse Mon, 26 Mar 2007 06:51:26 +0000 http://www.midasoracle.org/2007/03/25/the-economist-should-set-up-the-open-institute-for-prediction-markets/#comment-15255 Voila: Use ALL the existing prediction exchanges and THE UPCOMING ones. Voila: Use ALL the existing prediction exchanges and THE UPCOMING ones.

]]> By: Alex Forshaw http://www.midasoracle.org/2007/03/25/the-economist-should-set-up-the-open-institute-for-prediction-markets/#comment-15254 Alex Forshaw Mon, 26 Mar 2007 03:07:41 +0000 http://www.midasoracle.org/2007/03/25/the-economist-should-set-up-the-open-institute-for-prediction-markets/#comment-15254 I agree. Use existing infrastructure of other, larger, more established, public exchanges -- internal exchanges/ markets are destined to fail. I agree. Use existing infrastructure of other, larger, more established, public exchanges — internal exchanges/ markets are destined to fail.

]]> By: Chris. F. Masse http://www.midasoracle.org/2007/03/25/the-economist-should-set-up-the-open-institute-for-prediction-markets/#comment-15253 Chris. F. Masse Sun, 25 Mar 2007 16:06:21 +0000 http://www.midasoracle.org/2007/03/25/the-economist-should-set-up-the-open-institute-for-prediction-markets/#comment-15253 . Bet on Red http://andrewleigh.com/?p=1386 We need an INDEPENDENT Open Institute of Prediction Markets. http://www.midasoracle.org/2007/03/25/we-need-an-independent-open-institute-of-prediction-markets/ The small team from Project Red Stripe (The Economist) is reviewing Chris Masse and Mike Linksvayer’s proposals. http://www.midasoracle.org/2007/03/26/the-small-team-from-project-red-stripe-the-economist-are-reviewing-chris-masse-and-mike-linksvayers-proposals/ Suggestions sent to The Economist: PREDICTION MARKETS ranks 8th. http://www.midasoracle.org/2007/03/26/suggestions-to-the-economist-prediction-markets-ranks-8th/ Has the FermiLab in Chicago discovered the elusive Higgs particle? http://www.midasoracle.org/2007/03/26/has-the-fermilab-in-chicago-discovered-the-elusive-higgs-particle/ There is a grandeur in this view of life... from so simple a beginning, endless forms most beautiful and most wonderful have been, and are being evolved. http://www.midasoracle.org/2007/03/27/there-is-a-grandeur-in-this-view-of-life-from-so-simple-a-beginning-endless-forms-most-beautiful-and-most-wonderful-have-been-and-are-being-evolved/ And the Eye-in-the-Sky is watching us all. http://www.midasoracle.org/2007/03/28/and-the-eye-in-the-sky-is-watching-us-all/ The Economist’s Project Red Stripe http://www.midasoracle.org/2007/04/12/the-economists-project-red-stripe/ CBS News Andy Rooney: Let’s Have A Smart Board. http://www.midasoracle.org/2007/04/12/cbs-news-andy-rooney-lets-have-a-smart-board/ .
Bet on Red
http://andrewleigh.com/?p=1386

We need an INDEPENDENT Open Institute of Prediction Markets.
http://www.midasoracle.org/2007/03/25/we-need-an-independent-open-institute-of-prediction-markets/

The small team from Project Red Stripe (The Economist) is reviewing Chris Masse and Mike Linksvayer’s proposals.
http://www.midasoracle.org/2007/03/26/the-small-team-from-project-red-stripe-the-economist-are-reviewing-chris-masse-and-mike-linksvayers-proposals/

Suggestions sent to The Economist: PREDICTION MARKETS ranks 8th.
http://www.midasoracle.org/2007/03/26/suggestions-to-the-economist-prediction-markets-ranks-8th/

Has the FermiLab in Chicago discovered the elusive Higgs particle?
http://www.midasoracle.org/2007/03/26/has-the-fermilab-in-chicago-discovered-the-elusive-higgs-particle/

There is a grandeur in this view of life… from so simple a beginning, endless forms most beautiful and most wonderful have been, and are being evolved.
http://www.midasoracle.org/2007/03/27/there-is-a-grandeur-in-this-view-of-life-from-so-simple-a-beginning-endless-forms-most-beautiful-and-most-wonderful-have-been-and-are-being-evolved/

And the Eye-in-the-Sky is watching us all.
http://www.midasoracle.org/2007/03/28/and-the-eye-in-the-sky-is-watching-us-all/

The Economist’s Project Red Stripe
http://www.midasoracle.org/2007/04/12/the-economists-project-red-stripe/

CBS News Andy Rooney: Let’s Have A Smart Board.
http://www.midasoracle.org/2007/04/12/cbs-news-andy-rooney-lets-have-a-smart-board/

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