- Imprint: Vintage Digital
- ISBN: 9781807844462
- Length: 304 pages
- Price: £11.99
The Big Bet
Prediction Markets and the Future of Democracy
PATRICK RADDEN KEEFE, author of Say Nothing, Empire of Pain and London FallingMichael Auerbach has one of the most original minds I’ve ever encountered – and an uncanny instinct for what’s coming next. In THE BIG BET, he explores the past, present, and future of the prediction market, a phenomenon that is reshaping our world in real time, and in startling ways. This is a dazzling and entertaining book, full of keen insights and arresting anecdotes. But it is also an urgent warning about what we might gamble away if we become a society that wagers on everything. Democracy itself is at stake.
SCOTT GALLOWAY, New York Times bestselling author of The Algebra of Wealth and Notes on Being a ManEvery generation or so, the world experiences a moment where one can see exactly where the bus is headed and nobody will touch the wheel. This is one of those moments. Michael Auerbach has written the most honest account of where prediction markets are taking us. The Big Bet is brilliant, troubling, and almost impossible to put down.
About Michael Auerbach
Michael Auerbach is executive chairman of Lamplighter Group, a geopolitical intelligence and strategic advisory firm with offices in London, New York, and Abu Dhabi, and founder of Subversive Capital, an investment firm focused on frontier markets. He previously spent over a decade as a partner at Albright Stonebridge Group. He serves as lead independent director of Canaccord Genuity and lives in New York.
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All editions
- Hardback 2027
- Ebook 2027