Newsflash: economist’s prediction is right!

Writing in the NY Times Freakonomics blog last week, Australian economist Justin Wolfers correctly predicted the key winners at the Oscars (getting any prediction right must be a major accomplishment for an economist!). Here he also explains the new voting system at the Oscars, which is the same preferential system used in Australian politics. The article is An Economist’s View of the New Oscar Voting.