This Week in the News…

Posted: August 1, 2003 at 1:00 am, Last Updated: November 30, -0001 at 12:00 am

Following are highlights of national news coverage George Mason received during the past week:

Saturday, July 26, The Daily Telegraph

City – Would You Like a Lawyer with That?

“Professor Michael Krauss, of George Mason University, jokes that suits against Big Cheese and Big Butter are presumably next in what he calls the ‘blame the inanimate object game’. He says there is ‘absolutely no proof that the food sold by the defendants in these suits is ‘defective and unreasonably dangerous’ – the legal standard for liability. Suing McDonald’s because you are fat makes as much sense as suing carmakers for stopping people from walking, or your own mother for letting you eat the stuff in the first place, says Professor Krauss.”

Monday, July 28, Boston Herald

Questioning the Convention Wisdom in Hub

“This morning, Tom Menino and Ted Kennedy will join national party leaders to ‘celebrate the one-year countdown’ to the Democratic National Convention coming to Boston. They will get giddy with talk about ‘diversity.’ They will be positively profuse in their predictions of ‘economic spinoffs.’ They will not talk about the mother of all traffic nightmare scenarios in a city of daily traffic nightmare scenarios. But the warning is clear: Get out. Save yourself. ‘Get out of town when the time comes. Go to Cape Cod,’ suggests Michael Bronzini, a researcher who studies ‘complex multi-modal transportation problems’ at Virginia’s George Mason University.”

Tuesday, July 29, The San Francisco Chronicle

Pentagon To Start Futures Market for Terror Attacks

Robin Hanson, an economics professor at George Mason University in Fairfax, Va., has spent over a decade researching decision markets. Two years ago, he joined up with Net Exchange, a San Diego firm, and the Economist Intelligence Unit, an arm of the London magazine The Economist, to come up with the Policy Analysis Market, in response to a government request. ‘The basic idea of intelligence is to find out about bad things that might happen. You pay people to find out about those things,’ he said in a phone interview. ‘These markets are doing the same thing, offering to pay people for information about bad things.’ As compared to government studies, the online trading can provide real-time information, he said. Hanson said the betting process helps attract more-knowledgeable players.”

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