Moral hazard
in economics, situation creating an incentive to take more risk (or otherwise change one's behavior) when another party will bear the costs
Evergrande Illusions
By
Allison Schrager
Read time 1 mins
Read More
A Better Unemployment Insurance Program for a Re-Opened Economy
Read time 5 mins
Read More
Insurance, Not Stimulus
Read time 4 mins
Read More
The Market Lover’s Argument for Fiscal Policy
Read time 5 mins
Read More
The Truth About Bloomberg’s Record on Homelessness
Read time 4 mins
Read More
No Need for Nihilism on Personal Savings
Read time 4 mins
Read More
Don’t Make Taxpayers Bail Out Pension Plans
Read time 13 mins
Read More
Save Health Insurers and the Market, Too
Read time 6 mins
Read More