Kalshi Culture: How Gambling, Speculation, and Degeneracy Went Mainstream
Audio Mises Wire · Mises Institute
December 31, 2025
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Show Notes
As government continues to engage in reckless actions from inflation to starting wars, people develop shorter time horizons, creating social vacuums. Increased gambling and other irresponsible behaviors then fill the void.
Original article: https://mises.org/mises-wire/kalshi-culture-how-gambling-speculation-and-degeneracy-went-mainstream
Topics
Booms and BustsCronyism and CorporatismInflationPolitics