Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Is Justin Wolfers a libertarian? Probably not.

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Justin Wolfers:

If we judge politicians by what they buy, then Eliot Spitzer has clearly violated the public’s trust: he purchased the services of a high-priced prostitute, and may well end his political career as a result.

Other people think very differently.

More from Reason magazine.

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