Betting on Geopolitics? Economist Explains Risks of Prediction Markets
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Prediction markets, like Kalshi and Polymarket, allow users the opportunity to bet on just about any real-world event, from the trivial to the monumental, including major geopolitical conflicts and elections here at home. Economist David Bieri explains how these markets work, why they appeal to a distinctly American economic mindset, and the risks that they pose for both users and broader structures. 
