September 11, 2006
Washington Stock Exchange is Now Active: Check it Out

Be sure to check out the Washington Stock Exchange, which went live today. In addition to being fun and hopefully leading us to good political forecasting, my guess is that an enterprising professor can find ways to use it as a good teaching tool in politics or economics.

Posted by Brad Smith at 07:05 PM in Politics

The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith

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