The economics and morality of placing bets on war
The war in Iran has economic consequences in terms of the region's oil exports. But how could prediction markets change the picture?
Episode 460 of the Brian Lehrer: A Daily Politics Podcast podcast, hosted by WNYC Studios, titled "The economics and morality of placing bets on war" was published on March 11, 2026 and runs 21 minutes.
March 11, 2026 ·21m · Brian Lehrer: A Daily Politics Podcast
Summary
The war in Iran has economic consequences in terms of the region's oil exports. But how could prediction markets change the picture?
Episode Description
The war in Iran has economic consequences in terms of the region's oil exports. But how could prediction markets change the picture?
On Today's Show:
John Cassidy, staff writer at The New Yorker and the author of Capitalism and Its Critics: A History: From the Industrial Revolution to AI (Macmillan, 2025), talks about his recent story, "How to Prevent Insider Trading on Trump’s Wars" and other news related to the economic repercussions of the Iran war.