IEM Odds Are Cited

Columnist Joseph Ax writes that a McCain victory will make winners of those who go against the odds in prediction markets. "Some experts believe that online exchanges, like or the Iowa Electronic Markets at The University of Iowa, are the most accurate predictors of what will happen on Election Day, thanks to the power of free markets." A $1.67 investment in the IEM would pay $10 if McCain won. The column is appearing widely.