Venezuelans are struggling with shortages of food, medicine and other necessities, with increasing finger-pointing at the leadership of President Nicolas Maduro. For more on the challenges facing the country, Nicholas Casey of The New York Times joins Hari Sreenivasan from…

First, of course, are the political implications. Second, these are millions upon millions of people who were voting against their pocketbooks. The third shock is more personal: my apparent over-reliance on the prediction markets, and on economists like Justin Wolfers…