Um, maybe free markets aren’t the ideal solution for every problem.
Darpa’s Policy Analysis Market would evaluate terror threats based on a market exchange.
Boston Globe: US eyes market to predict terror
Metafilter: Pentagon Plans Futures Market for Events in Mideast
NYT: Pentagon Prepares a Futures Market on Terror Attacks
NYT: Pentagon Abandons Plan for Futures Market on Terror
AP: Pentagon’s Futures Market Plan Condemned
Wired News: The Case for Terrorism Futures
NYT: Poindexter’s Follies: “The time has obviously come to send John Poindexter packing and to shut down the wacky espionage operation he runs at the Pentagon.”
Market-based intelligence
Andrew Raff
@andrewraff