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From social media and dynamic pricing to meme stocks and AI hype, gamification has taken over our lives—and a recent op-ed argues that it’s even spread into our economy, driven by Trump. Nate and Maria discuss the psychology behind the “casino economy” and why speculation and risk are so addicting. They talk about what it means when governments, businesses, and individuals lean into risk even as buffers against bad bets shrink—and why it’s easy not to object until it’s already too late.

Further Reading:

From the New York Times: It Is Trump’s Casino Economy Now. You’ll Probably Lose


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The Leap from Maria Konnikova

Silver Bulletin from Nate Silver

The Hosts

Nate Silver

Nate Silver, co-host of the Risky Business podcast, is the founder and former editor-in-chief (2008-2023) of FiveThirtyEight, which was published by The New York Times, ESPN, and ABC News. FiveThirtyEight…

Maria Konnikova

Maria Konnikova, co-host of the Risky Business podcast, is the author, most recently, of The Biggest Bluff, a New York Times bestseller, one of the Times’ 100 Notable Books of…