Eric Crampton writes – Government sometimes cannot stop itself from providing bailouts when risk-taking goes wrong. This kind of ‘free’ insurance policy leads to no end of bad outcomes.
The high cost of free insurance
The high cost of free insurance
24 Sep 2024 Leave a comment
in applied price theory, economics of bureaucracy, economics of information, economics of regulation, environmental economics, politics - New Zealand, Public Choice, public economics, urban economics Tags: unintended consequences
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