Since at least James Surowiecki’s “Wisdom of the crowds,” a multitude of scholars involved in the field of epistemic democracy have taken to theorizing epistemic utility of tools like “Prediction Markets,” and even the “Wikipedia” model. Cass Sunstein, a Professor of Law at the University of Chicago, has in

First Amendment mandates that “Congress shall make no law … abridging the freedom of speech.” Over the years, the courts have construed the clause in a way that privileges political speech in its various manifestations while ruling to limit the protections afforded to commercial speech. Hence, different regulatory frameworks have emerged