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687. Are Prediction Markets the Best Forecasting Tool Ever — or Just Another Casino? artwork
Society & Culture

687. Are Prediction Markets the Best Forecasting Tool Ever — or Just Another Casino?

Freakonomics Radio by Freakonomics Radio + Stitcher

Sep 18, 202600:48:39Society & Culture

The promise is that they can beat the experts at predicting inflation, elections, and FDA approvals. But right now, roughly 90 percent of the action is sports. Is this a future we want to bet on? Stephen Dubner speaks wi...