In my heart of hearts, all gambling is equally degenerate: from stock markets to assasination markets.
Economics sort of works ok when money transfers are used to mediate, y'know, the exchange of goods and services. Nearly everything else turns out to be a pretty obvious moral hazard.
alt Hacker News
Economics sort of works ok when money transfers are used to mediate, y'know, the exchange of goods and services. Nearly everything else turns out to be a pretty obvious moral hazard.