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The Mistaken Identity of Prediction Markets

Mainstream finance regularly confuses finance, insurance and betting. The Austrian School provides the tools to understand their differences.
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Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
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Apr 22, 2026 / Dave DeCamp
US Bombs Somalia for 57th Time This Year
US Africa Command said in a press release on Tuesday that its forces launched an airstrike in Somalia on April 20, as the Trump administration continues a record-shattering bombing campaign in the country with virtually no US media coverage. AFRICOM said the strike targeted the ISIS affiliate in Somalia’s northeastern Puntland region and that it […]
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Mar 25, 2026 / Tyler Durden
Iran Says "No Talks With US... Which Has Failed In War Goals" - Warns Of "Relentless" Response To Any Island Campaign
Mar 22, 2026 / Tyler Durden
Nigerian Researchers Accidentally Confirm Africa's Low IQ Problem
Nigerian Researchers Accidentally Confirm Africa's Low IQ Problem For many years the political left has dismissed all discussion about links between third world populations and low intelligence as "racism" and "xenophobia".  The well documented fact that low IQ populations are more inclined towards lack of impulse control and a higher crime rate does not matter to progressives.  They assert that such claims are based on "rigged" and "biased" data.   For example, the data on Somalia's low median IQ (which is 67 and far below the western average of 100) is...
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