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Overcoming Bias Commenter's avatar

I'm also in the "short Huckabee" camp...I've been eyeing the InTrade markets myself recently, but I still haven't quite nerved myself up enough to jump in. So I just started an account at the "Fantasy '08" site (http://fantasy08.realclearp..., sponsored partially by InTrade), as well as InTrade's own Play$ site. Of course, play money changes peoples decision-making to a certain extent...but I still see Huckabee as way overvalued in all the markets.

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Overcoming Bias Commenter's avatar

Lafayette - Democracy everywhere is a farce, in the sense that an individual voter's actions do not matter, and the system as a whole produces many decisions which are detrimental to almost all of its constituents. See the field of economics called "Public Choice Theory" (wikipedia) for a more detailed explanation.

I shall wait to respond to your implication that betting on electoral outcomes is unacceptable and irresponsible until you actually advance an argument.

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