I'm interested in your ideas for such an app - how would you interact with it? The only ideas I come up with amount to window dressing on a journal.
My ideas for the interaction are not well formed. I'm more interested in what I could data mine. I imagine something like predictionbook, but miniaturized to daily situations. Maybe it could be a little like a game. You have a circle of friends and you make predictions about things. You're all at a restaurant together. Someone says they think the U.S. dollar has gone down in real value since leaving the gold standard. You use an iPhone app to state the claim and then people in your circle can add their predictions or something, and maybe someone can accept...
We know politics makes us stupid, but now there's evidence (pdf) that politics makes us less likely to consider things from another's point of view. From the abstract:
As Will Wilkinson notes:
Now this isn't necessarily a negative effect - you might argue that it's bias correcting. But implicitly viewing them as so different that it's not even worth thinking about things from their perspective is scary in itself.