Market Fresh

A curious discussion of terror risk, and a terror prediction futures market by some GMU economist types and at the Chronicle's Footnoted blog.

I don't know enough to about econ to assess the value of such a market, but I do wish that some one would set up a Privacy Breach Futures Market so we could make the security analystas put their magic quadrants where their mouths are. (Or vice versa: whichever would be more unpleasant.) Viz, the TJX OMG!!1! MILLIONS IN PWNAGE!! NO!!BILLIONS! analysis found on Computerworld. Maybe something more along the lines of buying squares in a football pool would offer as much predictive value as the collective voices of these cats.


Photo courtesy The Prodigal Son.


And yes, this is the second consecutive post with a Broken Social Scene related title. Because Broken Social Scene are one of my top five most favorite things that are Canadian.

Vulnerabilty v. Threat

Jeremiah Grossman's analysis of the MSNBC stock contest cheat.

It seems to me that this sort of flaw would rise to the surface quickly from a threat perspective, but slower from a vulnerability perspective. I'm not sure why though.