James Randi has announced the end of his $1 million dollar challenge after 12 years.
This is a bummer. I suggest that studios looking for a great reality show during the writers’ strike pick up Mr. Randi!
Apparently, JREF (James Randi Educational Foundation) can think of better things to do with the money than let it sit around:
“while the JREF earns a certain income from having the prize money very conservatively invested, that sum could certainly be used more productively if it were made freely available to us. “
This is understandable, since none of the big name “psychics” plan to apply, and most of the people who do take the challenge are seriously deluded.