ABU DHABI / WAM Etihad Airways, the national airline of the United Arab Emirates, has ...
Read More »Is forgiving student debts a real bad idea?
The United States government will find out soon enough what “moral hazard†means. Clearly it does not know already, or President Joe Biden would not have announced that his administration would forgive US student debt worth around 1.6% of GDP. It’s natural to ask, as critics have, whether the new policy is fair. Should regular taxpayers subsidise those who ...
Read More »