Monday, November 26, 2012

Feds stomp Intrade

Intrade is a prediction market that is very useful for understanding consumer and political sentiment.  It's more accurate than consumer surveys because people aren't stating their preference, their betting on being right.  It's not a speculative risk or a source of criminal activity but the Feds are shutting it down for Americans anyway.  So once again the world gets poorer and narrower due to our vile Federal Superstate.


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