The eyes-wide-opened Alexis Perrier notes that many &#8220-mainstream media&#8221- do talk about political prediction markets, these days.

But that&#8217-s a superficial coverage &#8212-basically, explaining to morons (surfacing from their Afghan cave) what InTrade does. The real thing is prediction market journalism &#8212-and to this day, only Justin Wolfers does practice it (once a month).

To get real PMJ done, we will need brand-new digital publications and brand-new people &#8212-just like the newly created tech blogs (like TechCrunch) are employing a new batch of writers, using new tools and new methods.

If you look at the 87 feeds I subscribe to, I get my IT news from professional blogs &#8212-not from mainstream media.

Prediction market journalism has a future only if professional blogs adopting this approach are to be created.

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