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+ - Intrade shutdown hurts academics ->

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jader3rd
jader3rd writes "Intrade, a popular Irish website that lets people bet on anything, has shutdown. In addition to be used by gamblers Intrade has been used by academics and pundits to track public sentiment. "... broad crowds have a lot of information and that markets are an effective way of aggregating that information,” says Justin Wolfers, “and they often turn out to be much better than experts.”"
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Intrade shutdown hurts academics

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"The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts." -- Bertrand Russell

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