This paper argues that the knowledge asymmetry (the fact that we know more about the past than the future) can be explained as a consequence of the causal Markov condition. The causal Markov condition implies that causes of a common effect are generally statistically independent, whereas effects of a common cause are generally correlated. I show that together with certain facts about the physics of our world, the statistical independence of causes severely limits our ability to predict the future, whereas (...) correlations between joint effects make it so that no such limitation holds in the reverse temporal direction. Insofar as the fact that our world conforms to the causal Markov condition can itself be explained in terms of the initial conditions of the universe, my view is compatible with Albert’s well-known account of the origins of temporal asymmetries, but also provides a more illuminating way to derive the knowledge asymmetry from those initial conditions. (shrink)