Edit this Published in Freakonomics Radio The Folly of Prediction Listen Queue Download this audio Want to embed this player? Use the code below. More info. <iframe width="600" height="130" frameborder="0" scrolling="no" src="//www.wnyc.org/widgets/ondemand_player/wnyc/#file=json/164252"></iframe> Share on Facebook Share on Twitter Email a Friend Human beings love to predict the future, but we're quite terrible at it. So how about punishing all those bad predictions?