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Moral Hazard and Financial Crises: The 2008 Bailouts of US Financial Institutions

Moral Hazard and Financial Crises: The 2008 Bailouts of US Financial Institutions

Moral hazard is people increasing their risk exposure when insured or protected. Banks did this leading into the 2008 financial crisis, but deposit guarantees made by governments have continued the practice....
7 min read
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Factors of production Labour markets Business economics Competitive markets

Comparative Advantage in the Age of Automation: The Impact of AI on Global Trade Dynamics

Published on February 09, 2025

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Competitive markets Behavioural economics

Price Discrimination in the Airline Industry: A Study of Dynamic Pricing Strategies

Published on January 30, 2025

Photograph of African mine
Competitive markets Managing the economy Factors of production

The Resource Curse and Institutional Failure: Economic Rent-Seeking and Development Challenges in Africa

Published on January 12, 2025

Man sitting on a scooter looking at his phone
Behavioural economics Business economics Competitive markets

The Gig Economy Revolution: Freedom or Precarity?

Published on December 29, 2024

Producer Surplus Equation
Definitions Competitive markets

Producer Surplus Equation

Published on December 12, 2024

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Definitions Competitive markets

Substitutes Economics

Published on October 30, 2024

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Definitions Competitive markets

Price Taker

Published on October 29, 2024

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Definitions Competitive markets Factors of production

Economic Efficiency

Published on October 23, 2024

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Definitions Competitive markets

Atomistic Competition

Published on October 21, 2024

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Definitions Competitive markets

Cobweb Theory in Economics

Published on August 04, 2024

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Older Posts
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The Prisoner's Dilemma in Modern Trade Wars: Analyzing the US-China Tariff Escalations

Although most economists believe that trade restrictions like tariffs are economically harmful for all parties, politicians are not irrational in pursuing tariffs. Game theory analysis reveals key reasons why tariffs are seen as politically valuable....
5 min read

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