Assorted links: anti-prediction market hysteria

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:

  1. Saahil Desai, Polymarket is going to get someone killed, The Atlantic (7 March 2026)
  2. Aisha Down, ‘Abhorrent’: the inside story of the Polymarket gamblers betting millions on war, The Guardian (11 April 2026)
  3. Eleanor Harmsworth and Matthew Field, You can now gamble on war, death and destruction. Some people never lose, The Telegraph (7 March 2026)
  4. Augustin Lebron, Predicting our own demise, Reducible Errors (17 August 2025)
  5. Nitish Pahwa, The legalized gambling industry is collapsing in on itself, Slate (25 August 2025)
  6. Bonus link: @TomJrSr, Replies to anti-prediction market claims

For further reference, here is an overview of how prediction markets work.

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About F. E. Guerra-Pujol

When I’m not blogging, I am a business law professor at the University of Central Florida.
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