MNpublius.com

The Iowa Electronic Markets have successfully predicted every election since they were founded in 1988. The Hollywood Stock Exchange and the Popular Science Predictions Exchange have both been very successful, the HSE predicted 32 of 39 Oscar winners and PSPE has been a great predictor of technological advancements. And in an admission that will probably make the heads of the more liberal readers of this site spin, I thought that the Policy Analysis Market was a good idea.

What does all of this have to do with the Minnesota Senate Race? It’s no sure fire bet this far out, but on Inklings Market, another predictive market has Al Franken beating Norm Coleman for the first time in the life of the market. (Al’s the green line).

This isn’t the pebble that puts Al’s campaign over the mountain, but it’s a really cool concept and one I’m going to keep my eye on as we get closer to the election.

Here’s hoping that the markets will be as kind to the DFL candidate in November.