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Despite the ethical concerns associated with prediction markets, they’re growing rapidly and that may be, in part, based on the transactional behaviors of our leaders.

Until questions about prediction markets get serious answers, they will keep doing what they do now: dressing up a private benefit in the language of the public good.

Before we embrace prediction markets as harmless fun or even a socially beneficial trend, we might pause to raise a deeper question: What habits are we learning, and fostering, in betting on our collective future? And what kind of people do these markets train us to become?