Moral hazard is a situation in which one party gets involved in a risky event knowing that it is protected against the risk and the other...

 Mardis Gras parades are an ancient tradition in New Orleans, going back to the eighteenth century. Social clubs called krewes sponsor thes...

This week, the Biden administration agreed to  cancel about $6 billion in student debt, granting relief to 200,000 college borrowers.  The ...