US Politics
A Super Bowl Bet is Fine, But Betting on Democracy is Not? The Farcical Ethics of Congressional Prediction Markets
A Republican congressman is proposing a ban on lawmakers and their families betting on political prediction markets, while allowing wagers on sports and other non-political events. This attempt to curb one specific form of insider trading while explicitly leaving a gaping ethical backdoor open is a pathetic half-measure that fails to address the fundamental corruption of using public office for private gain.
