Moral hazard, the lack of incentive to guard against risk when protected from its consequences, is a concept economists love to discuss. Examples include subsidizing flood insurance for those living in flood zones and experiencing repeated flooding, and the false sense of safety in cars due to advanced warning systems and safety features, leading to riskier behavior while driving. Moral hazard can lead to negative outcomes.
Robert Kennedy was killed by an assassin's bullet in 1968, ending his presidential run. Had he been shot today, would he have lived? A what-if story about homicides and medical care and the moral consequences of a world where trauma surgeons have gotten really, really good at what they do.
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