Monthly Archives: August 2011

John Delaney’s OB — [RANT]

When I die, I want the doctor Pennock to write my ob. Then, I am sure only the good things will be highlighted. On InTrade: All the economists blogging about their prediction markets never mentioned the numerous disputes about the … Continue reading

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Wealth, Empire, and the Future of America — [VIDEO]

Peter Dale Scott:

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A passionate defense of the importance of scientific evidence and the power of experiment — [VIDEO]

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Your prediction markets can power the American Civics Exchange. — [IDEA MILL]

American Civics Exchange: Having just executed an initial round of closings for the funding we’ve been raising, we’re entering the final run-up to our real-money trading launch. With that in mind, we’ve launched a community feature where prospective traders (and … Continue reading

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Google is a playground run by pranking adolescents. — [LINKS]

–> Read the story on how Google went bidding for the Nortel patents. Are these Mountain View people serious? RELATED: More on Google‘s take on patents.

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The InTrade crisis deepens as their #1 fanboy calls for unwinding all trades on the debt ceiling prediction market — [SCANDAL]

Previously: Post-Delaney InTrade experiences turmoil related to the debt ceiling prediction market. — [CHART + LINK] As I said many times, Carl Wolfenden is an incompetent, and all the economists advertising InTrade on their blogs and in the media are … Continue reading

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You do not make much money trading triple-A-rated US government debt, the spreads are very tight, and there is not much money to be made. — [VIDEO]

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Post-Delaney InTrade experiences turmoil related to the debt ceiling prediction market. — [CHART + LINK]

37 pages (!!) on the InTrade message board. Once again, one can question the professionalism of the InTrade execs and the usefulness of the prediction markets.

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Chris Sacca on how he did it — [VIDEO]

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Paul Hewitt on the usefulness of the prediction markets — [ANALYSIS]

Paul Hewitt: I don’t think there is any question that the usefulness of prediction markets has been exaggerated. We don’t hear much from James Surowiecki anymore. So a few of those polled probably indicated that he doesn’t exaggerate the usefulness … Continue reading

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