Daily Archives: June 12, 2008

Unlike other countries, the United States of America defends the freedom to offend in speech.

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Hate Speech = Free Speech

Very interesting New York Times discussion about the First Amendment &#8212-with international comparisons.

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At Midas Oracle, some do vigorously exercise the freedom to piss people off. :-D

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Previous blog posts by Chris F. Masse:

  • Psstt… Spot that comment, on Google News, about… “bellwethers”… from a political scientist.
  • INSIDER’s STORY: The insightful strategic business report about The Evil Empire that Henry Berg does not want you to see
  • Prediction markets are about lowering transaction costs. That’s how sports come in.
  • The birth certificate of the next president of the United States of America –maybe
  • The marketing association between BetFair and TOTE Tasmania works better than expected.
  • The term “event markets” sucks —and the uncritical thinkers using this crappy term suck too.
  • CLIMBING HIS WAY TO THE TOP: Erik Snowberg is now Assistant Professor of Economics and Political Science at California Institute of Technology.

CLIMBING HIS WAY TO THE TOP: Erik Snowberg is now Assistant Professor of Economics and Political Science at California Institute of Technology.

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Erik Snowberg @ CalTech

Erik Snowberg @ LinkedIn

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Previous blog posts by Chris F. Masse:

  • Psstt… Spot that comment, on Google News, about… “bellwethers”… from a political scientist.
  • INSIDER’s STORY: The insightful strategic business report about The Evil Empire that Henry Berg does not want you to see
  • Prediction markets are about lowering transaction costs. That’s how sports come in.
  • The birth certificate of the next president of the United States of America –maybe
  • The marketing association between BetFair and TOTE Tasmania works better than expected.
  • The term “event markets” sucks —and the uncritical thinkers using this crappy term suck too.
  • Unlike other countries, the United States of America defends the freedom to offend in speech.

The term event markets sucks -and the uncritical thinkers using this crappy term suck too.

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Google: &#8220-event markets&#8221- &#8212- Funny enough, the first link is to the Futures Industry Association, which promoted the term&#8230- and the second to CFM, which advises not to use that term (see the bottom of the CFM frontpage). :-D

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Just because 2 or 3 bureaucrats at the CFTC have decided to use that term does not mean that that term makes sense. It does not. &#8220-Event derivative markets&#8221- or &#8220-prediction markets&#8221- are better terms. It&#8217-s with great displeasure that I saw our own Mike Giberson (supposedly, a libertarian, and supposedly, a wannabe academic) followed the step of the CFTC like an obedient little poodle. :-D

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Just because somebody in power says something stupid that makes no sense at all does not mean that you should swallow it and direct it straight to your stomach.

Use your brain to perform critical reasoning.

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Deep Throat on the idle Prediction Market Industry Association (PMIA)

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I agree that the Prediction Market Industry Association (PMIA) (in its present form) is highly suspicious.

The purpose of the PMIA was to provide resume and marketing fodder for Jed, Emile and John. It&#8217-s like being president of a high school club: You don&#8217-t have to accomplish anything, but you can list your &#8220-officer&#8221- status on college applications.

As we saw, Emile has already started using it in his NewsFutures marketing. So, the project has actually been a great success for its true purposes!

Its our responsibility to call bullshit on this, and we failed. The PMIA is a fake organization, and nobody deserves any extra street-cred for &#8220-leading&#8221- or &#8220-founding&#8221- it.

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The marketing association between BetFair and TOTE Tasmania works better than expected.

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Mercury

Old MO post on that.

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Previous blog posts by Chris F. Masse:

  • Psstt… Spot that comment, on Google News, about… “bellwethers”… from a political scientist.
  • INSIDER’s STORY: The insightful strategic business report about The Evil Empire that Henry Berg does not want you to see
  • Prediction markets are about lowering transaction costs. That’s how sports come in.
  • The birth certificate of the next president of the United States of America –maybe
  • The term “event markets” sucks —and the uncritical thinkers using this crappy term suck too.
  • CLIMBING HIS WAY TO THE TOP: Erik Snowberg is now Assistant Professor of Economics and Political Science at California Institute of Technology.
  • Unlike other countries, the United States of America defends the freedom to offend in speech.