
Seems Like a Bad Idea
From Cheap Talk by Jeff Kaplow and Marcus Holmes
April 2, 2026 · 56 min · Season 6 · Episode 22
About this episode
The episode discusses the implications of the Iran war on Russia and China, along with insights on prediction markets and crowd wisdom.
How Russia benefits from the Iran war; President Trump’s recent statements about how the war is going; China is both helped by and hurt by the Iran war; prediction markets as an aggregation mechanism for the wisdom of crowds; insider trading and insider influence; the characteristics of wise crowds; and Marcus will never make that mistake again The opinions expressed on this podcast are solely our own and do not reflect the policies or positions of William & Mary. Please subscribe to Cheap Talk on Apple Podcasts , Spotify , or your podcast player of choice to be notified when new episodes are posted. Check out our online store at https://cheaptalk.shop . Further Reading: Will Oremus and Jeremy B. Merrill. 2026. “A journalist reported a missile strike. Then came the death threats.” Washington Post. See all Cheap Talk episodes
People in this episode
Hosts: Jeff Kaplow, Marcus Holmes
Topics covered
- Iran war
- Russia
- China
- prediction markets
- insider trading
- crowd wisdom
Keywords
- Iran war
- Russia
- China
- prediction markets
- insider trading
- crowd wisdom
- Trump statements
Mentioned in this episode
Books & works: Washington Post
Places: Russia, Iran, China
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- Something Revolutionarily Wonderful · April 9, 2026 · 52 min
- 15 Points of Agreement · March 26, 2026 · 56 min
- Had You Asked Us, We Would Have Said No · March 21, 2026 · 1h 1m
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