While Centrebet now has Rudd at 1.95 (and Gillard at 1.85) to be prime minister at the next election, the election for the Pope will commence when Conclave forms at 16:30 (Rome time = 2:30 am, Wed 13 Mar EADT). Centrebet has Cardinal Scola (of Milan) as favorite at 3.00 followed by Scherer of Brazil at 4.00. Cardinal George Pell of Australia is at 26.0. There is a saying that
he who enters the conclave a pope exits as a cardinal.
For those with an interest in Latin, I’ve attached some Vatican documents on the Conclave. There will be one vote taken in the first day of Conclave, then 4 in each following day.
With the Ides of March on Friday, perhaps we will have a new Pope and a new Prime Minister.
Further information may be found at this interesting interactive video.
For the latest Centrebet Papal market
UPDATE
With Conclave literally shut off from the world, this might be one of the few chances for a fair bet. There is no chance for the electors to influence the betting market). It will be interesting to observe how the odds change as Conclave progresses. If there isn’t an elected Pope in (say) three days, it would indicate a stalemate and perhaps a greater likelihood for a less known candidate.

http://www.roymorgan.com/news/polls/2013/4872/
Not sure if things could get much worse for the Labor Party with these figures!
Aaron
12 Mar 13 at 8:01 pm
is it still bread and water in the conclave
Jim Rose
12 Mar 13 at 8:31 pm
Jim – I’m not sure. But if the ALP used just bread and water they would never have selected Latham, Rudd and Gillard.
Samuel J
12 Mar 13 at 8:37 pm
see Order in the church: A property rights approach by Douglas W Allen 1995 Journal of Economic Behavior & Organization.
notes that the catholic church is the oldest on-going firm in the world
Jim Rose
12 Mar 13 at 8:37 pm
all worth reading
1. Sacred Trust: The Medieval Church as an Economic Firm with R. Ekelund, R. Hebert, G. Anderson, and A. Davis 1996.
2. Robert B. Ekelund Jr. & Robert F. Hebert & Robert D. Tollison, 2008. “The Marketplace of Christianity,” (discusses the reformation, counter-reformation and thereafter)
3. Economic Origins of Roman Christianity by Robert B. Ekelund Jr., Robert D. Tollison 2011 (the 1st 1000 years)
Jim Rose
12 Mar 13 at 8:44 pm
see http://econpapers.repec.org/article/blakyklos/v_3a40_3ay_3a1987_3ai_3a3_3ap_3a399-413.htm for The Pope and the Price of Meat: A Public Choice Perspective by Richard Ault, Robert Ekelund and Robert D. Tollison
shows how self-interest, economic geography, and an expanded number of third-world voters in the College of Cardinals explain why Pope Paul IV changed the relative price of meat and altered penance rules in 1966.
other papers discuss the pope and the price of fish, leather and wine! the composition of the college of cardinals counts
Jim Rose
12 Mar 13 at 8:53 pm
Is “EDST” supposed to mean “Eastern Daylight Saving Time”?
If so then the abbrev. is “EADT” for Eastern Australian Daylight Time :/ (and later on we will revert to “EAST” Eastern Australian Standard Time).
John A
12 Mar 13 at 8:57 pm
Thanks Jim for the references.
John A – yes, I will make the change thanks.
Samuel J
12 Mar 13 at 8:59 pm
Not as old as ALP powerbrokers inc. CEO Bill Ludwig was doing deals with Caiaphas and Pilate when Jesus played fullback for Jeruselum.
Splatacrobat
12 Mar 13 at 9:05 pm
Nicola Roxon has called on the Catholic Church to ban white smoke custom, saying it encourages cigarette usage.
C.L.
12 Mar 13 at 9:33 pm
Live coverage from FOX:
http://www.foxnews.com/live-coverage/selecting-new-pope
C.L.
12 Mar 13 at 9:34 pm
Jim. It is NOT bread and water! Only dumb journos from Fairfax say that.
Lysander spooner
12 Mar 13 at 9:37 pm
… Not suggesting you’re in that category!!
Lysander spooner
12 Mar 13 at 9:39 pm
see http://www.foxnews.com/world/2013/03/11/18-year-old-pope-three-year-election-quirky-facts-about-papal-conclaves/
LONGEST CONCLAVE: In 1268 — 33 months to be exact. this was the conclave restricted to bread and water by the end
The oldest popes were Pope Celestine III (elected 1191) and Celestine V (elected 1294) who were both nearly 85. Pope John XII was 18 when elected in 955.
Jim Rose
12 Mar 13 at 9:55 pm
10 worst popes at http://www.time.com/time/specials/packages/article/0,28804,1981842_1981844_1981623,00.html
Jim Rose
12 Mar 13 at 9:56 pm
Cardinal Tagle of the Philippines is known to ride his pushbike around to visit parishioners and be a humble chap. Only around 56 or 57 so probably too young.
candy
12 Mar 13 at 10:06 pm
CL
says
“Nicola Roxon has called on the Catholic Church to ban white smoke custom, saying it encourages cigarette usage.”
You are a card!
How about Jenny Macklin?
She said she could live on the donations bowl.
Aliice
12 Mar 13 at 10:09 pm
The introduction of bread and water to hasten a decision was the church’s version of the golden point rule.
Splatacrobat
12 Mar 13 at 10:09 pm
Lech Wałęsa and JPII annoyed the KGB. With KGB Putin in power will new Pope be another annoyance?
stackja
12 Mar 13 at 10:15 pm
No it’s okay CL they are allowed to pollute because the Vatican purchased carbon credits from a tree farm in Tassie. So all is good!
Splatacrobat
12 Mar 13 at 10:15 pm
Jim, I’m not sure what Pius XII is doing in that list given the facts of the matter.
dover_beach
12 Mar 13 at 10:21 pm
, funny the article is entitled “Top 10 Controversial Popes”. Careful Jim, your slip is showing.
Gab
12 Mar 13 at 10:25 pm
Yes, Pius XII was a great man who saved tens of thousands of Jews during WW2. Benedict XVI was right to promote him to Venerable in 2009.
Samuel J
12 Mar 13 at 10:51 pm
Who gives a fuck? It’ll just be another apologist for kiddy-fiddling
Dexter Rous
12 Mar 13 at 11:27 pm
Lol, I spat my coffee at the screen laughing
nic
13 Mar 13 at 12:10 am
Jim… That conclave was restricted to bread and water to MAKE THEM make a a final decision once and for all. Was the only time. The Vatican released a press statement today on inaccuracies particularly in the Aussie media… One of which was a Fairfax report on bread and water which was patently false and about 850 years out of date.
Lysander spooner
13 Mar 13 at 12:25 am
Dexter, u r full of shit.
Lysander spooner
13 Mar 13 at 12:27 am
And u r not worthy of another
Lysander spooner
13 Mar 13 at 12:27 am
While leadership change is one means by which disgraced institutions can seek to cleanse themselves of the odour that attaches to their brand, the problem for the Catholics is that the procession of old men in frocks currently engaging in secret acts, behind closed doors, does nothing to distract onlooker’s attentions from the source of the tykes’ problems.
William Bragg
13 Mar 13 at 12:39 am
LOL.
C.L.
13 Mar 13 at 1:00 am
Indeed, Samuel.
Pius XII was one of the greatest ever popes.
C.L.
13 Mar 13 at 1:02 am
Just had a bet on George Pell at 360/1 via Betfair. Worth a small wager at those odds.
St Hubbins
13 Mar 13 at 11:46 am
I can’t place a bet on Fernando Filoni. He’s not listed in any of the markets I’ve seen.
Ivan Denisovich
13 Mar 13 at 11:58 am
He’s not listed on Betfair, that’s for sure. Maybe a late scratching?
St Hubbins
13 Mar 13 at 2:51 pm
Most people forget that the 58 year old Karol Woytyla was an unknown “no chancer” against some biggies!
He came out JPII (and worthy of a JPIII, JPIV & V)
Lysander Spooner
13 Mar 13 at 3:06 pm
…and yes CL and Samuel; many lefties and “Valkerie types” (aka “ignorami”) do not realise the valuable work that Pius XII did for the Hebrews (I think he even has a place in Yad Vashem? “The place of righteousness” witht the likes of Oscar Schindler?)
Lysander Spooner
13 Mar 13 at 3:12 pm
Not only did they only give them bread and water, but eventually they removed the roof of the building!
Chris
13 Mar 13 at 5:18 pm
Like many neutral powers in Europe, the Vatican had a fine diplomat at its head that played every card he had to survive Hitler.
The Swedes exported iron and coal to keep out of the war. The Irish helped the British a lot especially after they started winning. Benes was the most cunning man in Europe.
When MacArthur left the Philippines, he told the Pinoy politicians left behind to deal with the invading Japanese to do whatever they have to do to survive, but if they swore allegiance to the emperor, he would hang them when he returned.
Jim Rose
13 Mar 13 at 5:36 pm
Get a clue, Jim.
http://www.guardian.co.uk/world/2013/feb/09/hitlers-pope-pius-xii-holocaust?CMP=twt_fd
Gab
13 Mar 13 at 5:40 pm
That’s all very interesting, Jim , but you haven’t explained how the Vatican was just like Sweden or Ireland.
dover_beach
13 Mar 13 at 5:47 pm
ok, he was not a fine diplomat
Jim Rose
13 Mar 13 at 5:49 pm
Oh, I understand, he was ‘controversial’ or ‘worse’ than other Pope’s in being a fine diplomat.
dover_beach
13 Mar 13 at 6:01 pm
Popes
dover_beach
13 Mar 13 at 6:02 pm
He would have been a fool to have publicly to condemn the genocide against the Jews during the second world war.
Pius XII would have invited violent retaliation for no purpose. The Vatican already knew that there would be a proper accounting after the war
On 17 Dec 1942, the Allies issued a proclamation condemning the extermination of the Jews in Europe and declared that they would punish the perpetrators.
as for why the Vatican had not made the material available until now, hard to say.
Jim Rose
13 Mar 13 at 6:33 pm
d-b, you never said anything to me about the Egardo Mortara case with Pius IX.
steve from brisbane
13 Mar 13 at 6:35 pm
You asked: It’s getting too easy to become “Blessed”, don’t you think?
No. But so far as that case is concerned, I would prefer that he wasn’t separated from his parents.
dover_beach
13 Mar 13 at 8:23 pm
Edgardo Mortara became a distinguished and very happy priest.
Olden days laws are awful to our eyes but it’s humbug to regard this as any more noteworthy in the Mortara case than it is now – with scores of Aboriginal children being ‘kidnapped’ from their parents by the Gillard government.
C.L.
13 Mar 13 at 8:36 pm
- Albert Einstein, Time, 1940.
C.L.
13 Mar 13 at 8:41 pm
I love the fact that whenever someone says “the Church” we all know we are not talking about proddies
Tal
13 Mar 13 at 8:45 pm
It’s a good point, Tal.
Protestantism is essentially dead.
And that’s big news, really.
One of the epochal stand-offs of the millennium has been decided.
The Catholic Church won.
C.L.
13 Mar 13 at 9:33 pm