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Idea Futures - The Concept

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Idea Futures - The Concept
Topic: Business 12:09 pm EDT, Oct 20, 2007

Our policy-makers and media rely too much on the "expert" advice of a self-interested insider's club of pundits and big-shot academics. These pundits are rewarded too much for telling good stories, and for supporting each other, rather than for being "right". Instead, let us create betting markets on most controversial questions, and treat the current market odds as our best expert consensus. The real experts (maybe you), would then be rewarded for their contributions, while clueless pundits would learn to stay away. You should have a free-speech right to bet on political questions in policy markets, and we could even base a new form of government on idea futures.

Idea Futures - The Concept



 
 
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