What economists call a moral hazard | John Fishback | TEDxBrookings

When should we and when shouldn't we rely on economic theory to help us make our choices? Who is ultimately responsible for our communities? John Fishback tackles these issues in his TEDx talk: "What Economists Call a Moral Hazard."
John holds a BA from Georgetown University, an MA from NYU, and is a proud graduate of Brookings High School.
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[@AlexLubarsky]

wonderful explanation and delivery ... your teachers must be proud!!

[@isaacdarche7103]

Thank you. People playing fast and loose with social science theories is a plague on our society.

[@Skipbo000]

There's an elephant in the room. In 2008 we bailed out banks who made bad decisions and failed and considered the moral hazard to be individuals who took a mortgage out on a house? How does that work? We allowed the banks to avoid consequences while the people did nothing wrong.

[@Kenguruh]

Socialism for the rich, capitalism for the poor

[@TainiskaTv]

This video is so helpful . Thank you!

[@Jorghee316]

Excellent explanation about Moral Hazard

[@TBWOC]

This is boring...very boring...

[@JR-fg9yj]

I submit you find it boring because you are not listening.