“Without a sufficiently informed populace, democracy cannot function effectively, resulting in poor and incoherent policy choices and shifts toward strong authoritarian leaders. [...] Politicians are spouting hyperbolic statements and baseless predictions. Mainstream media outlets profit off of sensationalist journalism, detached from realistic outcome probabilities, and driven by group think. Meanwhile, it’s nearly impossible to sift out the truth from alternative news sources. There is simply no quantifiable, accessible, and unbiased source of truthful information pertaining to the effects of policy decisions. This is precisely where prediction markets can help."
