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This Is the Worst Argument for Prediction Markets

By Ryan CooperThe American Prospect

Putting a market price on some prediction does not make it a ‘truth machine.’ The post This Is the Worst Argument for Prediction Markets appeared first on The American Prospect.

Gannon Ken Van Dyke, a U.S. Special Forces soldier, was arrested Thursday for allegedly placing a bet about the capture of former Venezuelan President Nicolás Maduro on the prediction market website …