Online market predicts candidates' chances
This post is somewhat off topic, though the longer I write the (parent.thesis) blog, the more issues seem related to parenting and technology in some way. And after watching hours of election coverage this week, the Presidential race is intertwined with our whole lives right now. So follow me over this bridge between politics and an online market that tracks the candidates' quest for "Big Mo."
One undeniable result of Super Tuesday is that there will be full employment for pundits over the next nine months. For those of you political junkies who are tired of watching the same old talking heads stretch their speeches to fill yet another hour of programming, the Intrade Prediction Market provides a novel moving indicator of conventional wisdom. Site users buy and sell contracts whose price reflects the probablility that a candidate will receive their party's nomination.… Read more