To the economists who will (correctly) note that the term "moral hazard" has a precise meaning in economics that does not align neatly with my essay, I agree. But I think the point of moral hazards in politics is directionally correct.
To the economists who will (correctly) note that the term "moral hazard" has a precise meaning in economics that does not align neatly with my essay, I agree. But I think the point of moral hazards in politics is directionally correct.
To the economists who will (correctly) note that the term "moral hazard" has a precise meaning in economics that does not align neatly with my essay, I agree. But I think the point of moral hazards in politics is directionally correct.
I know what it means in politics and you nailed it