Paul Ehrlich's bet with Julian Simon concerning his belief that natural resources were becoming scarce -- which he famously lost -- has not completely undermined Ehrlich's reputation. But what if, instead of one controversial academic betting against another, there were thousands of ordinary people working to make a buck off of the foolishness of academics? Insofar as ordinary people often have much greater insight into social and economic systems than do many academics, the most egregious foolishnesses of academia would rapidly be exposed.
Source: TCS Daily: Put Your Money Where Your Theory Is
Contributed by: ~C4Chaos