Tag Archives: Orange
Why Robin Hanson is right to freak out about the upcoming CFTC ruling on “event markets” (prediction markets)
Robin Hanson is trembling in his pants:
Coming soon after speculators were blamed for rising commodity prices, I fear this is bad news for hopes for legal prediction markets anytime soon.
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The CFTC decisions are politically sensible in 4 areas:
The CFTC will never allow real-money prediction markets on sports. That’s too close to gambling, for some critics. [...]
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