Futarchy in Camden, Maine Arnold Kling By Arnold Kling, Oct 10 2008 SHARE POST: Do you like prediction markets as much as Bryan and Robin? Then try Pop!Tech prediction market.
Oct 10 2008 Behavioral Economics Chuck's Great Question Bryan Caplan Here's a great question from Chuck in the comments:Do you have a reply to those who might say that the rationality of voters is largely irrelevant since election outcomes can be predicted by macro factors like income and GDP growth?Yes, I've got a bunch.1. If democratic competition leads politicians to adopt a highly s... 13 Read More
Oct 10 2008 EconLog Stock Markets and Social Security Arnold Kling It is natural to look at the collapse of stock prices and say, "See? Social Security privatization would be a disaster." But consider two possibilities: 1. The market is down because future U.S. wealth is down. In that case, government-provided Social Security in future decades is in trouble. 2. The future outlo... 21 Read More
Oct 10 2008 Game Theory Futarchy in Camden, Maine Arnold Kling Do you like prediction markets as much as Bryan and Robin? Then try Pop!Tech prediction market. 3 Read More