Are prediction markets (PMs) immoral or dangerous? What about retrodiction markets? What would Adam Smith or F. A. Hayek say? Below are some anti-PM links:
- Saahil Desai, Polymarket is going to get someone killed, The Atlantic (7 March 2026)
- Aisha Down, ‘Abhorrent’: the inside story of the Polymarket gamblers betting millions on war, The Guardian (11 April 2026)
- Eleanor Harmsworth and Matthew Field, You can now gamble on war, death and destruction. Some people never lose, The Telegraph (7 March 2026)
- Augustin Lebron, Predicting our own demise, Reducible Errors (17 August 2025)
- Nitish Pahwa, The legalized gambling industry is collapsing in on itself, Slate (25 August 2025)
- Bonus link: @TomJrSr, Replies to anti-prediction market claims
For further reference, here is an overview of how prediction markets work.


