Market-based intelligence

Um, maybe free markets aren’t the ideal solution for every problem.
Darpa’s Policy Analysis Market would evaluate terror threats based on a market exchange.
Boston Globe: US eyes market to predict terror
Metafilter: Pentagon Plans Futures Market for Events in Mideast
NYT: Pentagon Prepares a Futures Market on Terror Attacks
NYT: Pentagon Abandons Plan for Futures Market on Terror
AP: Pentagon’s Futures Market Plan Condemned
Wired News: The Case for Terrorism Futures 
NYT: Poindexter’s Follies: “The time has obviously come to send John Poindexter packing and to shut down the wacky espionage operation he runs at the Pentagon.”

One Comment

  1. Give ’em the boot!

    Since it was possibly the most insane idea to come from the military in a long time, you’ve probably heard about the demise of the futures market on terrorism. Andrew Raff rounded up some of the coverage yesterday, and it’s all over the place. Salon’s …

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