The repeated failure of ElectionBettingOdds.com to provide a consistent predictive view of the Republican presidential race shows that there really isn’t any invisible hand guiding markets in a reliable way. Crowds of people don’t have particularly reliable, or even constant, predictive insight.
Yesterday afternoon, James Delingpole e-mail blasted his latest of 365 Ways to Drive a Liberal Crazy: 218. On being served Fair Trade coffee, take a sip, then spit it out in horror and disgust. Gag: “My God! This is Fair Trade! Don’t you know I