The unrepentant Robin Hanson:
Chris, you’ve heard of Christmas I presume. Many people circulate lists of items they might like for Christmas. If you did, would you circulate a list of million franc/dollar gift ideas for people to give you? Would you consider that list more honest/logical than a list of gifts of roughly the price you think others might actually be willing to pay?
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In a free society like the U.K. (and soon in the whole European Union), Internet betting is allowed. I’m not asking too much. And, in the U.S., many people like Barney Frank and the brick-and-mortar casino lobbies are talking softly about legalizing it. You could ally with them.
Bob’s CFTC proposal is not a valuable Christmas gift. It’s like giving your kid at Christmas an orange and an old, empty can of Coke, with an old string passing thru the opener, so they can play with it, in your yard. You, miser. 
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So if the kid who lives in that big house on the hill got a horse last Christmas, your Christmas list this year will include a horse, and you’ll be hopping mad if you don’t get it, even though you live in a shack?
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