Moral hazard problems are often worse in government programs than in private markets.

Added to korrents 2 Sept 2026 · How quotes work · Something wrong? Tell us

Shared subject first, then similar wording. They may agree or disagree.

• A competent, empowered civil service that performs crucial government functions with in-house expertise is good. NSNoah Smith18 Sept 2026government
• A conspiracy theory can be used as a pretext to dismantle government programs and target researchers and citizens. AAAnne Applebaum4 Sept 2026government
• A free person sees government as a means, neither a giver of favors nor a master to be worshipped MFMilton Friedmanc. 1962government
• A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. RDRay Dalio21 Aug 2026government
• A government is legitimate internally if the governed have consented to it, whatever form it takes. BSBalaji Srinivasan12 Jul 2026government

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