Cave-In - As I noted yesterday, the Pentagon caved on using the Futures Market as a tool to help predict terror.
Instapundit and Postrel both write about this today - Postrel links to this excellent piece by Hal Varian.
I have only this to add; this idea was scuppered by two things: the hatred of Democrats for the word "Market", and the unwillingness of too many Republicans to think out of the box.
Meet the new boss, same as the old boss.
Posted by Mitch at July 30, 2003 06:28 AM