In the 1960s, after some prodding from Ralph Nader, government regulators began a major push for safer cars. Which made University of Chicago economist Sam Peltzman wonder just how much safer these innovations made us. Specifically, he wondered about what economists call “moral hazard” — our tendency to take more risks when we’re insulated from the costs of that risk-taking.
"The ‘Moral Hazard’ of Naloxone in the Opioid Crisis" is from the March 08, 2018 Opinion section of The Washington Post. It was written by Megan McArdle and narrated by Sam Scholl.