2018_Sp Sabrina, Curt & Anders: Bank Bailouts and Moral Hazard

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Colgate University Public Economics Course

Education


We discuss how legislation worked to manage the financial crisis, specifically focusing on the Emergency Economic Stabilization Act of 2008. We then uncover how this safety net works to fuel moral hazard. Professor Thomas Michl and Leslie Picker join our conversation to further discuss the impact this policy had on the way various entities navigate risk.