CFTC Approves Box Office Futures Market

Michael Giberson Today the CFTC approved Media Derivatives Inc.’s request to create a futures exchange based on box office receipts. ┬áThe exchange “is primarily focused on the development of a variety of products to benefit the entertainment industry with one if its initially proposed products being designed to help mitigate risk and enhance the successful … More CFTC Approves Box Office Futures Market

Libertarian Paternalism Series at Cato Unbound

Lynne Kiesling I’ve been meaning to write about the libertarian paternalism series at Cato Unbound for a week or so, but have been too busy to pull it off. Happily, Ilya Somin has a good post that touches on a couple of the themes I wanted to raise (and I second his recommendation to read … More Libertarian Paternalism Series at Cato Unbound

Technology + Dynamic Pricing Conserves Water Too (duh)

Lynne Kiesling I love this story; it’s like Knowledge Problem + Aguanomics = individual choice, efficiency, conservation, and elegance. Water conservation is a large and growing concern, in large part because our public policy does such an abominable job of creating a framework/market design to send good scarcity signals to diverse individual users, and to … More Technology + Dynamic Pricing Conserves Water Too (duh)