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Moral Hazard Run Amok

Many Australians are rightly concerned about the health risks posed by arrival of the coronavirus on our shores. Elderly people and cancer patients with compromised immune systems are self-isolating to avoid infection. Doctors are worried about the availability of facemasks. Some people may be getting a bit obsessive about stockpiling toilet paper, though that’s perhaps understandable given the threat of mass quarantines.

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https://www.cis.org.au/commentary/articles/moral-hazard-run-amok/

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Sydney-based globalization expert Salvatore Babones is available to speak on the Chinese economy (demographics, growth, technology), the Belt & Road Initiative, global trade networks, and Australia-China relations. Contact: s@salvatorebabones.com