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Please read this. The CFTC is the Commodity Futures Trade Commission, a governmental body, and “Event Contracts” and “Event Markets” are government-speak for Prediction Markets.
It will be interesting to see what their conclusions will be. We are not aware of any need for governmental regulation in this sector, and are of the opinion that none [...]

Ok, so I must admit, I’ve been slacking off quite a bit in writing these posts and they’ve noticeably gone from ‘a week in review’ to ‘a few weeks month in review’ in no time flat. Now, I won’t say that this negligence is directly due to someone’s personal laziness but I’m sure that [...]

A recent study by the Harvard School of Public Health (HSPH) and the University of Washington has shown that, while most of the United States have been living longer and longer, certain parts have been experiencing a decline in life expectancy. This phenomenon has been concentrated in counties in Appalachia and in the South. It [...]

This article, from U.S. News, is rather old, but it’s a good one nonetheless. Here’s the first part:
What if one stock, in particular, had seemed like a sure bet when you bought it last month. The company sells something everyone needs, is well managed, and has a consistent track record of growth—that is, until it [...]

As many DumbAgent readers have probably been keeping in touch with recent Economic news, you are most likely familiar with the Clinton/McCain gas tax suspension proposal and, just as likely, aware that it makes very little economic sense to take away a tax that would temporarily increase demand, which in turn, would then raise prices [...]