Re: futures market military intelligence

2003-07-29 Thread Kenneth Campbell
Traditional intelligence services remain rather poor at what they do -- at least relative to the mythology Hollywood and the conspiracy buffs have created around them. It's not uncommon for them to miss things that seemed obvious to non-professionals. (Iran in 1979 is an obvious and recent one;

Re: futures market military intelligence

2003-07-29 Thread Devine, James
://bellarmine.lmu.edu/~jdevine -Original Message- From: Michael Perelman [mailto:[EMAIL PROTECTED] Sent: Monday, July 28, 2003 10:15 PM To: [EMAIL PROTECTED] Subject: [PEN-L] futures market military intelligence http://www.nytimes.com/2003/07/29/politics/29TERR.html Both Pacifica News and the New

Re: futures market military intelligence

2003-07-29 Thread Dan Scanlan
a discussion on US National Public Radio I heard today indicates one reason why this program won't fly: terrorists can use the market to bet that a terrorist attack will occur and then win big by making it happen. Uh, isn't that the idea? Hegemony needs terrorism.

Re: futures market military intelligence

2003-07-29 Thread Devine, James
- From: Dan Scanlan [mailto:[EMAIL PROTECTED] Sent: Tuesday, July 29, 2003 2:21 PM To: [EMAIL PROTECTED] Subject: Re: [PEN-L] futures market military intelligence a discussion on US National Public Radio I heard today indicates one reason why this program won't fly: terrorists can use

Re: futures market military intelligence

2003-07-29 Thread Kenneth Campbell
Awww... they killed it. I was looking forward to buying futures on Bush dying in a snack-related mishap. Ken. -- Half our life is spent trying to find something to do with the time we have rushed through life trying to save. -- Will Rogers --- cut here --- Pentagon Folds Hand in

Re: futures market military intelligence (was Economists for sale. Make big bucks)

2003-07-29 Thread Tom Walker
Back in November '95, Michael Perelman posted an announcement to the Pen-L list of an essay prize on the topic Privatization: has it gone far enough? One of the organizers of the competition was Robin Hanson, also the originator of the Policy Analysis Market currently in the news. I remember

futures market military intelligence

2003-07-28 Thread Michael Perelman
http://www.nytimes.com/2003/07/29/politics/29TERR.html Both Pacifica News and the New York Times have stories about using the futures market to predict terrorist activities. I find the story fascinating in one respect. Futures markets should predict future activities given certain assumptions,