Substack cometh, and lo it is good. (Pricing)

Betting on prediction and hypotheses

Felix Salmon points to someone who asks, Is the European crisis good for America? A piece at Politico suggests that Midterm fury might leave Nancy Pelosi safe. Journalism of this sort would get very boring, very soon, if the journalists actually had to place any money on their musings, either directly by changing their investment portfolio, or getting involved in betting markets like Intrade.

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