The fallout from Silicon Valley Bank’s failure has revived some of those financial crisis buzzwords we really, really hoped we wouldn’t have to say again. “Bailout,” “emergency lending facility” and ...

"Moral hazard" involves someone taking an action that will benefit them if it succeeds, while knowing they won't have to bear the consequences if it doesn't. The term is typically used to describe an ...

During one of the Presidential TV debates, Representative Ron Paul was asked whether a person who does not choose to purchase health insurance coverage should later be refused medical treatment if ...

Paul Ryan takes it on the chin in this weekend's editorial pages. On today's Page D2, New York Times columnist Paul Krugman claims the GOP's vice-presidential nominee wants to take America back not ...

In the health insurance market, a significant number of consumers who have chronic illnesses choose more expensive insurance plans that needlessly drive up medical costs, a new study from Johns ...

According to the Cato Journal, "A moral hazard is where one party is responsible for the interests of another but has an incentive to put his or her own interests first: The standard example is a ...