Moral hazard is a vital concept for economics. We should be careful not to let critics trivialize or dismiss it; when they do, calls for government intervention and special privileges are seldom far behind.
The Virginia Tech Professor who blew the whistle on lead in the water in Flint, MI thinks "public science" has been broken. Not knowing its been a broken system all along.
The port city Gloucester Massachusetts Chief of Police announced that he was no longer going to arrest hard drug addicts and that indeed his police force would now work to help drug addicts get help
