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Interesting! I think the reason I'm excited about prediction markets in particular is because I think the average voter, justifiably, does not have the time ne
by ShredKazoo 4y ago
Interesting!
I think the reason I'm excited about prediction markets in particular is because I think the average voter, justifiably, does not have the time necessary to familiarize themselves with all the details of a proposed policy and related research on its likely economic ramifications.
I see the kind of in-depth analysis of financial assets that hedge funds currently do as being somewhat wasteful. I would prefer that they switch to policy analysis in the public interest, by betting on which policies will deliver for voters.