The political handicappers who take part in the prediction markets are not saying that Perry would lose a primary election to Romney today. Rather, they are betting that Romney is slightly more likely to win when the primaries are actually held in a few

The Phillies season has gone just as expected, with a few bumps along the way. Why has the likelihood changed? Because the march of time has eliminated the uncertainty that a long campaign brings to the outcome. Then the news of Peyton Manning’s