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Betting on the Midterms
Podcast |
The Takeaway
Publisher |
PRX
WNYC Studios
Media Type |
audio
Categories Via RSS |
Daily News
News
News Commentary
Politics
Publication Date |
Sep 19, 2022
Episode Duration |
00:08:02

A financial trading company is trying to open up a new financial market to allow investors to bet on the outcomes of the upcoming midterm elections. But federal regulators have to approve it first, and in the past they've raised concerns that markets could influence the outcomes of the races themselves. What are the odds?

We're joined by Koleman Strumpf, Professor and Burchfield Presidential Chair of Political Economy at Wake Forest University, to learn if this is a gamble the country is willing to take.

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