Healthcare Reform Act Prediction Market

An anonymous reader writes "The Wisconsin School of Business is running a prediction market study on the U.S. Supreme Court's decision on the Healthcare Reform Act. By participating you will not only be helping university students, you will also get to express your opinion and compete with others to show that you have the most accurate prediction."

Comments

Re:Markets aren't any good at prediction

[roman_mir]

The recurrent crashes and bubbles on Wall street are unrelated to markets, they are related to the government's ability and willingness to attempt and control the economy and money supply (inflation). There wouldn't have bee a housing bubble and even Internet bubble before it without artificially low interest rates. There wouldn't be another major collapse in the future (bonds, dollars) without the Fed either. Does it have anything to do with the markets? Not much, not until the signals stop being mingled by the governments.