United States

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The Moral-Hazard Myth
The Moral-Hazard Myth

The Moral-Hazard Myth

Why Our Insurance Systems Doesn't Work

(Newser) - Malcolm Gladwell, author of The Tipping Point and Blink, examines the premise underlying U.S. health insurance known by the Dickensian term: Moral Hazard. The theory of Moral Hazard describes the notion that insurance can change peoples’ behavior. Without deductibles, co-payments and other barriers to use, people will use too...

Gitmo Tagged for Cuban Refugees
Gitmo Tagged for Cuban Refugees

Gitmo Tagged for Cuban Refugees

Navy plans to prevent post-Castro Cuban exodus

(Newser) - Anticipating that Fidel Castro's death will prompt thousands of Cubans to attempt to join their expatriate countrymen in South Florida, U.S. authorities are making space for them—in Cuba. The Miami Herald reports that the DOD has budgeted $18 million to expand its base at Guantanamo Bay to handle...

Stories 701 - 702 | << Prev