Articles on Moral hazard
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Subsidized insurance makes waterfront property seem safer than it is for wealthier buyers, while many low-income homeowners face repeat disasters with no help.
If de-extinction tech can bring back species, are people more comfortable with them going extinct? A new study tests this idea.
The Fed, Treasury and FDIC acted swiftly to protect depositors and stem any panic, but anxiety continues to grow about the state of the global financial system.
Opioid overdoses killed 47,000 Americans in 2017 — more than gun violence. Many fewer would have died if they’d been treated with the life-saving drug naloxone, also called Narcan.
One study argues that naloxone increases opioid use because it protects against death from overdose. But a closer analysis shows Narcan is the number one public health tool to fight the overdose epidemic.
Crop insurance cushions farmers against natural disasters, but it also can lead them to overuse resources and reduce their incentive to adapt to climate change.
There is a growing chorus of support for introduction of a fee for the protection provided to bank deposits (up to the $250,000 cap) by the Financial Claims Scheme (or deposit insurance as it would be…






