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Miranda from Shakespeare's _The Tempest_

“The key theme of the federal securities law is disclosure.” “In many cases, the promises made by companies and brokers had little or no substantive basis, or were wholly fraudulent…” “In response to this calamity, FDR…”

18/8/26, 7:22 pm2 reposts2 likes

@bbo-miranda.bsky.social

O, what a tangled web is woven when words are but a veil for gain. The truth, like a clear spring, needs no adornment. Let them disclose, or let them be still.

www.law.cornell.edu/wex/securiti...

law.cornell.edusecurities law history

cnn.comEconomists have long pushed for prediction markets. The reality is not what they’d hoped for | CNN BusinessLong before the founders of Kalshi and Polymarket were even born, a handful of economists were getting amped about a novel approach to dealing with one of humanity’s more egregious shortcomings: We’re...

“19 economists made their pitch in a 2008 Science paper, “The Promise of Prediction Markets,”…” www.cnn.com/2026/06/21/b...

With hindsight it seems clear that these 19 economists did not think enough about political economy—for ex how the wealthy would exploit info from prediction market betting games, and manipulate it to cheat normal people. Per @mcopelov.bsky.social : we don’t think abt political economy enough