Hey look, I think this terror market stuff was a dumb idea politically, bureaucratically, and diplomatically. But I wish Democrats and me-too Republicans and the media generally would stop talking about it as if it is transparently idiotic scientifically. I listened to an NPR report this morning that made the idea sound as dumb as making aircraft carriers out of twine and water-soluable glue. First of all, the guys at DARPA are very, very smart. Second, economists, mathemeticians, statisticians etc all agree that markets are very clever at figuring stuff out that individuals cannot. I’m not saying I think this is a great scientific idea, I am saying that I don’t know enough to dismiss it as scientifically stupid on its face. And, I don’t think many of these Senators or talking heads know enough either.