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The author at Jim's Blog in a related article titled Caplan bets Europe will survive writes:
COMMENTS (13 to date)
John Fast writes:
Can I get in on this? I'm happy to bet a hundred or a thousand, with each of them. In fact, why not bet on the strength of the dollar vs. the Euro? Put up $100 versus the current equivalent in Euros. Posted April 27, 2008 3:07 AM
Gerard O'Neill writes:
Folks, as a European living on the EU's and eurozone's western fringe (i.e.: Ireland) can I ask: what's the big deal about a country leaving the EU? We have vote here in June on an EU treaty that includes the formal recognition of a process for the voluntary withdrawal by any member state. It's not the kind of thing we'll have, er, a civil war over - if you get my drift. Secession anyone? Posted April 27, 2008 5:06 AM
Jody writes:
What's the ruling if Belgium splits but the two parts (each less than 7 million) remain in the EU? Posted April 27, 2008 6:49 AM
Dennis Mangan writes:
The UK will be the first to go. Posted April 27, 2008 8:29 AM
liberty writes:
The UK would first have to join. Posted April 27, 2008 9:29 AM
liberty writes:
oops, sorry, I meant to the currency. The UK is also least likely to agree to the constitution, etc. Posted April 27, 2008 9:37 AM
Bryan Caplan writes:
John Fast writes:Sure, John, consider us on for $100. Posted April 27, 2008 9:40 AM
John Fast writes:
Bryan, apparently I didn't make myself clear: I'm on your side. I'm happy to sit on the opposite side of the table from you when we're playing poker, or Champions, or Hunter: The Reckoning... Posted April 27, 2008 12:02 PM
Christopher Rasch writes:
Why not specify your bets in silver? At current prices of $17.00/oz, 6 oz of silver is worth about $100.00. It's also near the value (~$120.00) of a 20 coin roll of pre-1965 1/2 dollars (0.361 troy oz/coin). Or specify the bets in inflation-adjusted dollars? Posted April 27, 2008 4:13 PM
Bryan Caplan writes:
John Fast writes:In that case, the Caplan-Fast bet is not on! Posted April 27, 2008 6:46 PM
Dan Hill writes:
One of the commenters says "the UK will be the first to go". That demonstrates why Bryan's money is safe. The Brits have been whining about the EU like spoilt teenagers almost since the day they joined 35 years ago - and they're still in! Together with the natural forces of inertia it's almost inconceivable that a member state could get to the point of making the momentous decision to leave in less than a generation... Posted April 27, 2008 6:55 PM
Zubon writes:
The inflation adjustment is an interesting thing. Bryan can lose the bet any year but win only in 2020. Bryan is potentially betting 2009-dollars to win 2020-dollars. I'd estimate the implicit odds, but I don't have good priors on the inflation rate or likelihood distribution across years. But hey, it's an econ blog, so feel free to run with your own assumptions. Posted April 28, 2008 12:32 PM
PenskeFile writes:
The Irish have rejected the Lisbon treaty,which could put the entire treaty in jeapordy. Any thoughts Bryan on what this means to the probability of you winning the bet with Steyn? Posted June 15, 2008 9:29 AM
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