37sec snip

People I (Mostly) Admire cover image

117. Nate Silver Says We're Bad at Making Predictions

People I (Mostly) Admire

NOTE

Politicians Pay for Bad Decisions

A significant legislative decision led to the banning of payment processing for online poker, resulting in diminished market liquidity and personal economic hardship for those involved in the industry. This prompted a newfound interest in congressional elections, particularly to oust those responsible for the detrimental legislation. The electoral defeat of a key sponsor of the law by an unexpected candidate backed by the poker community exemplifies the power of collective political action and financial influence in shaping legislative outcomes.

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