I Bet An Austrian
By Bryan Caplan
Austrians have strong philosophical objections to the application of probability theory to most of the real world, but that didn’t stop Walter Block from publicly offering to bet at 200:1 odds that Ron Paul will be elected president:
Can’t happen? Give me some odds on a bet. (According to some polls, the odds against Ron winning are 200-1). I’m willing to put up $1 against the $200 of all suckers, sorry, I meant takers, that my favorite Texas Congressman will win.
I took the bait, on the condition that I could blog it: I’ve bet my $200 to Walter’s $1 that Ron Paul will not be the next U.S. president.
You’re all witnesses!