Welcome to the home of Noah Brier. I'm the co-founder of Variance and general internet tinkerer. Most of my writing these days is happening over at Why is this interesting?, a daily email full of interesting stuff. This site has been around since 2004. Feel free to get in touch. Good places to get started are my Framework of the Day posts or my favorite books and podcasts. Get in touch.

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On Prediction Markets

Really interesting Foreign Policy article on the possibility of legalizing prediction markets in the US. Generally it’s chock full of interesting stuff about how prediction markets work and why they should be legal, but this idea really blew me away: “If the CFTC rule change goes through, client companies could buy contracts to hedge against unforeseen events that could damage their business, be it the collapse of the Bolivian government or a renewed outbreak of war in Georgia.” Pretty nuts, huh?

November 10, 2008