EPISODE · Aug 18, 2022 · 2 MIN
A prediction market for everything
from Die ekonomie minuut · host Waldo Krugell
People everywhere are making predictions about what will happen in the future, but how much of it is cheap talk? If you are convinced that the Springboks will beat the Wallabies you can bet money on it, but what about all the predictions about interest rates and how much they will rise this year? In the US there is now a market for this, and it is known as Kalshi.com. * The Economics Minute is supported by the NWU Business School.
What this episode covers
People everywhere are making predictions about what will happen in the future, but how much of it is cheap talk? If you are convinced that the Springboks will beat the Wallabies you can bet money on it, but what about all the predictions about interest rates and how much they will rise this year? In the US there is now a market for this, and it is known as Kalshi.com. * The Economics Minute is supported by the NWU Business School.
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A prediction market for everything
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