About Economics: Weekly Update (Vol. 6, No. 37)

	Economics

In the Spotlight | More Topics |

	from Mike Moffatt With elections going on in both the United States and Canada, this might be the year we learn whether or not prediction markets actually provide any real insight, or are just a form of gambling.
In the Spotlight

Will This Be The Year That Prediction Markets Finally Work? ...For markets such as Intrade I cannot see the markets ever becoming good predictors through the mechanism described above - because transaction costs prevent market participants from making the small adjustments that would make the markets more accurate than polls...              More Topics Information on Interest Rates Exchange Rates Money & Monetary Policy Resources Economics Term Paper Resources Inflation and Deflation Microeconomics Help Econometrics Help Economists Should Stick to Economics, Not Law... Unless, of course, they do both for a living, like I do. Dean Baker on Greg Mankiw and the limited liability of corporations...   Frankel on Starve the Beast As I pointed out earlier today, I am no fan of the Starve the Beast theory of fiscal policy, simply because there is simply no evidence for it. Jeff Frankel gives his two cents...     Sponsored Links   Back to School Tips for Students, Parents and Teachers. Get the house, the school, and the kids ready for the new school year with shopping tips, recipe ideas, homework help and more!

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