Economists have long pushed for prediction markets. The reality is not what they’d hoped for (opens in new tab)

By Allison Morrow, CNN New York (CNN) — Long before the founders of Kalshi and Polymarket were even born, a handful of economists were getting amped about a novel approach to dealing with one of humanity’s more egregious shortcomings: We’re bad at predicting the future. Maybe, the thinking went, the free market could help. (This The post appeared first on <a href="