Prediction Markets were at one time supposed to be the “secret weapon” of neoliberalism. They would so predict the future, that corporations would become unstop

Prediction Markets were at one time supposed to be the “secret weapon” of neoliberalism. They would so predict the future, that corporations would become unstoppable, much like the company that hires Ben Affleck in the movie “Paycheck”. Most laughably, in 2003, Admiral John Poindexter, thought it would be a brilliant idea to launch a “terrorism and coups-d’etat prediction market”. About 2 months after it launched, he became persona non grata in the Washington defense scene and was forcibly retired from DARPA. http://www.cnn.com/2003/ALLPOLITICS/07/29/terror.market/ http://www.cnn.com/2003/ALLPOLITICS/07/29/terror.market/ https://en.wikipedia.org/wiki/Policy_Analysis_Market#Proposal https://en.wikipedia.org/wiki/Policy_Analysis_Market#Proposa...