Tagged: Moral Hazard

Rational addiction and Naloxone - The Dismal Science

Eric Crampton Mar 12, 2018

Suppose for a moment that addicts are rational and that we’re really in a Becker-Murphy world. What happens in that world if a new technology makes it safer to consume an addictive product? If you’re overdosing on opioids, Naloxone can save your life. The easier is access to Naloxone, the less likely addicts are to die if they have an … Read More

Restraining Health Costs - MacDoctor

Jim McVeagh Nov 05, 2009

Brian Fallow provides an excellent look at the urgent need for cost containment in health and the problems this involves. He points out that rising health costs is a far bigger potential problem than superannuation. It is also far more difficult to solve as a simple shift in age eligibility would sort out most superannuation [...] Related posts: … Read More