The moral hazard isn’t in paying for it, it’s in how the profit motive multiplied across dozens of middlemen is corrosive to the quality of the system. We’re pa

The moral hazard isn’t in paying for it, it’s in how the profit motive multiplied across dozens of middlemen is corrosive to the quality of the system. We’re paying for it regardless, but we pay a lot more under the current system because we have to support perpetual growth of every company in the value chain.