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Sports dominate prediction markets, but don’t bet on that being the whole story
Less than two years ago, the biggest controversy surrounding prediction markets was their enabling of speculation on elections. Then in early 2025, with…
Blog
Forecasts, not puppet strings: The myth that prediction markets rig reality (Part I)
Prediction markets have become an increasingly prominent tool for forecasting elections, economic indicators, geopolitical events, and other uncertain outcomes. As their popularity has grown,…
Blog
Three consequences of Illinois’ interchange fee law
In my new CEI paper, I examine the Illinois Interchange Fee Prohibition Act and what policymakers can learn from previous efforts to restrict…