Monday, June 25, 2007

It's the Simon-Ehrlich wager, 2007 edition - Via Sister Toldjah: "Professor challenges Al Gore to 10-year $10,000 bet on global warming"

3 comments:

Anonymous said...

Yeah, it's just like Simon-Ehrlich. Except for the small differences between pricing and temperature. And the respective short term volatilities of economics and earth science. And disagreement about how to measure or interpret the data, as opposed to a commodity price.

Eric said...

And one is named "Gore" and the other "Armstrong."

The brilliance of the Simon-Ehrlich wager is that Julian Simon allowed Ehrlich to set all the ground rules for the bet. I'm sure Armstrong will let Gore make the same mistake as long as it's a direct measurement of temperature (not e.g. bird migration patterns.)

Anonymous said...

Ten thousand smackers? Chicken feed!

If these guys are REAL men, they'll bet $600 billion, and 4,000 American lives, on the arrogance of certainty.

And the brilliance of THAT wager is that when you lose, other people pay up!