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Hostage Extraction Needs to be Privatized

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Tags War and Foreign PolicyWorld History

11/22/2023Benjamin Seevers

In the aftermath of Hamas's taking hostages in its conflict with Israel, the question arises: Who pays the ransom? State-financed payments lead to the worst outcomes and create moral hazards.

Original Article: Hostage Extraction Needs to be Privatized

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Contact Benjamin Seevers

Benjamin Seevers is an economics PhD student at West Virginia University and holds a BA in economics from Grove City College. He was a 2023 Mises Summer Fellow. His research interests include private governance, public policy, and libertarian ethics. He blogs at Seevers Insights

Original Article: 
Hostage Extraction Needs to be Privatized