Iowa Electronic Markets

Joi Ito is talking about when I was on Capitol Hill, buying and selling election victories (and mainly defeats). I remember buying 100s of shares in the 1994 House of Representatives market in the Summer before law school, and then watching the polls shift from Likely Democratic (as it had been for 40 years) to GOP Victory. Man, I literally could have made $1,000s of dollars if I bought up all the GOP votes early. What a bummer. ]]>

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