Michael Weiss of Gawker is misinformed about the wisdom of crowds.

His Jason Calacanis-inspired critique of The Wisdom Of Crowds is an abyssal nullity. James Surowiecki is a great thinker, and the principles behind the wisdom of crowds are effective. (see point #3.) – Previous blog posts by Chris F. Masse: … Continue reading

Chris Masses second comment to the CFTC on event markets (prediction markets)

Chris F. MasseMidas Oraclecfm &#8212-&#8212- midasoracle &#8212-&#8212- comchrisfmasse &#8212-&#8212- gmail &#8212-&#8212- com July 6th, 2008 Commodity Futures Trading CommissionThree Lafayette Centre1155 21st St. NWWashington D.C. 20581 Attention:Office of the Secretariat- [email protected] Reference:Concept Release on the Appropriate Regulatory Treatment of Event … Continue reading

Implied Prices for Presidential Decision-Aid Markets

Via our good friend Mike Linksvayer: &#8212- Implied Prices for Presidential Decision-Aid Markets &#8212- Implied Prices for Presidential Decision-Aid Markets – My good Doctor Robin Hanson, Please, refresh my memory: – Are your experimental, conditional prediction markets offered by the … Continue reading

The economist Robin Hanson predicts that some of our computronium-based progeny may colonize the cosmos in a peaceful, cooperative manner, like nice liberal Democrats.

John Horgan in the WSJ &#8230-&#8220-like nice liberal Democrats&#8221-&#8230- ha! ha! ha! &#8212- &#8230- like Mike Linksvayer, then&#8230- (depending on your meaning of &#8220-liberal&#8221-)&#8230- – Previous blog posts by Chris “GadFly” Masse: PROF TOM W. BELL, PLEASE, DO SKIP THE … Continue reading

BEWARE THE BLOGGING ACADEMICS: They are not blogging to inform us -they are blogging to promote themselves.

The New York Times on the brand-new SSRN ranking functionality: Bloggers like Mr. Reynolds [a university professor] tend to do well on the site, since they can promote their work and offer links to their articles. – Social Science Research … Continue reading