Show Notes
A series of suspiciously well-timed Iran war bets placed on Polymarket have revived concerns about insider trading on prediction markets. But enforcement is something of a gray area. Marketplace’s Meghan McCarty Carino joins Kimberly to explain the relatively recent history of insider trading laws at the CFTC and what it could mean for prediction market platforms. Plus, the debate over whether insider trading on these markets is actually a good thing.
More from Make Me Smart
“Marketplace Morning Report” host Kimberly Adams is back in the “Make Me Smart” podcast feed to share some reporting from a trip to southwest Alabama. It’s a deep dive on rural health care access — about 700 rural hospitals nationwide are at risk of closure, according to the Center for Healthcare Quality and Payment Reform.
Could dimming the sun be the key to cooling things down before the climate crisis worsens? Some scientists say yes, that we can cool the earth by launching tons of sulfur dioxide into the stratosphere. It’s a type of solar geoengineering that was once seen as preposterous, meant to exist only in the pages of a sci-fi novel. But now, it’s a reality.
Recent controversy surrounding the rock band Geese and a digital marketing firm Chaotic Good Projects has sparked debate over the tactics firms use to drum up hype for artists online. How can we tell if online hype is real or fake? And does it really matter? Trapital founder Dan Runcie joins Kimberly to break it down. Plus, a final thank you from Kimberly.
After a pandemic-era boom, the fine art market is going through something of a bust. Many galleries have closed due to climbing overhead costs and sales just aren’t what they used to be. Author and freelance journalist Julie Belcove joins Kimberly to demystify the inner workings of the global art market and what a slump could mean for the those who work in the arts.
As Kimberly gets ready to step into her new role as the host of “Marketplace Morning Report,” her predecessor David Brancaccio joins her to talk about his years on the morning shift and what he’s looking forward to on his new beat covering future effects for Marketplace. Plus, the two swap summer reading recommendations and play a round of Half Full/Half Empty!