Can markets predict the next presidential election? On one sports gambling website people are literally betting they can. Other websites are running virtual “prediction markets” in an attempt to harness the information that eludes pollsters. They solicit participation from the general public in much the same way real markets do in the real world. And yet there are important differences between the gambling markets and the virtual markets.
Just a note to bring your attention to an article of mine, written this past May, which was posted today to SOLO HQ. “Bush Wins!“ is my assessment of the President’s good chances of being re-elected. Here’s an excerpt from the essay:
Kuehnelt-Leddihn is the author of “The Cultural Background of Ludwig von Mises“; Enrico Peppe writes an appreciative essay of this “extreme rightest arch-liberal.”
In Michigan. Reversing more than two decades of land-use law, the Michigan Supreme Court late Friday overturned its own landmark 1981 Poletown decision and sharply restricted governments such as Detroit and Wayne County from seizing private land to give to other private users.
The government’s pension insurer needs a bailout, reports Reuters. Carl Horowitz brought you the news and analysis last month.
The Question of Miniscule Quantities of Gold Money During the Transition From Barter to a Money Economy
We are advised that America is experiencing an “Obesity Epidemic”, as if it is some sort of contagious disease. Government “officials” tell us that Americans are becoming obese at an alarming rate; they appear on network news programs warning of the health consequences of being overweight. Politicians talk about taxing fattening foods to stop us from harming ourselves.
