Kalshi Culture: How Gambling, Speculation, and Degeneracy Went Mainstream

12/31/2025 Artis Shepherd

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

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