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In the aftermath of Hamas's taking hostages in its conflict with Israel, the question arises: Who pays the ransom? State-financed payments lead to the worst outcomes and create moral hazards.
Original Article: Hostage Extraction Needs to be Privatized
By Mises Institute4.7
9393 ratings
In the aftermath of Hamas's taking hostages in its conflict with Israel, the question arises: Who pays the ransom? State-financed payments lead to the worst outcomes and create moral hazards.
Original Article: Hostage Extraction Needs to be Privatized

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