(Weed legalization in many states, Abortion protection in Missouri I believe)

You could also argue Brexit. Ultimately, most of the UK was okay with shooting themselves in the foot to feel more independent like the good olds days. Maybe was wrong long-term, but if it’s what the people wanted, then maybe it’s good. Politicians never would have done it despite the people wanting it.

Can’t imagine what that must have been like to witness in medieval Italy.

If someone owns the keyboard then they can fake those metrics and tell the server it is happening when it isn’t.

That will be easy to beat.

I doubt you are making regex and not looking at it, even if it was AI generated.

If it learned language based on how the internet talks, then the best way to communicate is using similar language.

The president has always had these powers, starting wars hasn’t been a congressional power since World War II. Korea, Vietnam, Iraq twice were all police actions by the president.

For the most part he can do what he wants at first, but the system eventually pulls back. It’s happened with ICE, it’s happened with Anthropic, it’s happened with interest rates and pressure to effect fed reserve chairs.

People are very pessimistic recently, but if anything, we are seeing that our system works well. A person got into power that a majority voted for, but when he oversteps, the courts and other institutions (even judges and fed reserve chairs he picked!) seem to hold him to the rules.

I get the pessimism, but for the most part, I kinda think the system is working.

I think you would be hard pressed to find a country that didn’t get involved in some war that had nothing to do with defense.

When I Google this I find a lot of options, but not sure which are actually mature tech companies vs start-up hopefuls

Elasticity is the relationship between demand and supply, and there are actually very rare instances where it can be negative (where demand increases with price).

These are called Giffen goods.

https://en.wikipedia.org/wiki/Giffen_good

Explanation (that I remember)

Inelastic demand is when a good is demanded so much, that an increase in price has little affect on the total quantity (people still demand it, think like addictive substances)

So a perfectly inelastic product would be a straight line where any amount is demanded at any price.

So having the curve keep going it would get a positive slope, where higher price makes demand go up.

If I remember the example I was given was food during a famine. Supply is already low, but an additional pressure on price is the known shortage. The idea being that as the price goes up people see it as harder to get.

It’s been so long since I studied the subject so I might have gotten some things wrong here.

2. If it’s only banned in the US, yes it pays out, you just need to get a VPN or go to another country.

Also even it’s banned everywhere, the markets are blockchain contracts so you should be able to access it without the website, which is just the frontend. (this is where my technical expertise breaks down, someone who knows blockchain is a better expert)

They don’t make money by taking a spread, they make it by providing information.

And people bet on emotion for sure, but “wisdom of crowds” suggests that generally that will balance out to somewhat accurate odds.

Surely you aren’t saying that because prediction markets can’t save every single life, that it’s somehow useless to save a few.

Another example, if odds jump on a missile strike on a particular city, you might have the chance to move out of the way.

So if a war with Iran is going to happen, and so a general bets that it will, the odds will jump and go very high.

Now at least theoretically, people in the Middle East can see the high odds, and travel elsewhere.

After seeing how many people got trapped in the UAE, I might check these prediction markets in the future for similar things.

Is this some indirect effect of that?

It’s crazy that executives can jump around the law and not face any criminal charges, then the company picks up the bill (although I’m not ignorant thinking this isn’t usual)

I’m just curious to learn more about how often this is the case and you usually what happens with people afterward

For example, a plague or severe weather might make the average person have a worse standard of living, but if the economy isn’t net affected, it seems wrong to say we are in a recession.

That isn’t what a recession is