Moral Hazard and Bailouts
Tyler and Russ discuss the moral hazard issues surrounding potential bailouts for industries affected by the coronavirus. They explore the consequences of letting major corporations fail and the challenges of picking winners and losers. The conversation also touches on the idea of making individuals whole instead of businesses and the potential impact of giving every American $1,000.In this clip
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EconTalk
Tyler Cowen on the COVID-19 Pandemic
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