With pretend play money at Inkling Markets and with actual money at Intrade, people are placing bets on the probability of all sorts of future events, including events in politics. Shares for possible outcomes are bought and sold, with the price for a share set
This week, Sarah Palin signed her name on an American flag, and endorsed a West Virginia politician in an election in Pennsylvania.
Today the Republican Party sent me an invitation to join Sarah Palin in the Disneyfied environment of Anaheim, California or Orlando, Florida for “a photo and the unique opportunity to discuss the critical issues facing our country with other grassroots leaders.” Price tag: $950. How