ROBERT SHILLER: “We need prediction markets…” on future house prices.
Chris F. Masse September 7th, 2008
Via Stacy Herbert (Max Keiser’s special someone)
Video - spot the last minute
If you are reading this in a feed reader, and if the video does not appear embedded just below this present sentence, then download this post to watch the video.
- Exchanges & Markets , Finance
- Comments(3)
Shiller should have filed a comment with the CFTC, explaining why prediction markets would be a good thing in the housing market.
Yes… though he is in deals with the Chicago Mercantile Exchange, which organizes his housing futures markets, which are already authorized by the CFTC.
Robert Schiller wrote a letter to the CFTC in favor of HedgeStreet around the year 2004 —from memory.