3 ms·
If the pandemic taught us anything (which it really, shockingly, didn't) it's that moral hazard is less of a risk than Chicago School economists would have you
by MengerSponge 2y ago
If the pandemic taught us anything (which it really, shockingly, didn't) it's that moral hazard is less of a risk than Chicago School economists would have you think.
Introducing mechanisms to keep people safer rarely yields the feared perverse behavior, so just introduce the bit of safety and keep a wary eye out for the perverse behavior.
- brewdad 2y agoDriver behaviors once the risk of being stopped by a police officer went away during the pandemic beg to differ. Many of those misbehaviors continue today as new habits even after enforcement has resumed to varying degrees.