Credit and Social Ratings
There's loads to discuss on credit ratings, as both a solution to information failure and a cause of moral hazard. It can also be...
When Salaries Aren't Secret
A podcast that looks at information failure in the labour market, discussing what changes when a company moves to a policy of transparent...
Why are used car ads so terrible?
Planet Money/Every Little Thing have a great podcast on 'The Rational Madness Of The Used Car Salesman' which covers the history of used...
Why did Sicilian Firefighters start fires?
A cautionary tale about yet another profession with an incentive to create problems that they get paid to fix. It might be good to...
Moral Hazard increasing Opioid Overdoses
There are loads of economic concepts in this tragic article on how widening access to the 'Lazarus Drug' Naloxone (aka Narcan), a drug...
Dentists and Information Asymmetry
Research from Switzerland on overtreatment, and its link to inequality
New Research on Old Cars
If you've been looking at Akerlof's lemon's problem, it might be worth taking a look at this 2019 article from the Economist on some...