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The Subjective Professor Podcast Ep 25 The Poor and Poverty 2 - Says Law and Affirmative Action for college entrance
This episode explains the construct "Moral Hazard" and government incentives. The government NEEDS problems to justify its existence.
Then I explain Jean-Baptiste Say's Law and what that has done for the path out of poverty.
Finally, I share a perspective on the Surpreme Court decision to overturn Affirmative Action in college acceptance standards.
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By Subjective ProfessorThis episode explains the construct "Moral Hazard" and government incentives. The government NEEDS problems to justify its existence.
Then I explain Jean-Baptiste Say's Law and what that has done for the path out of poverty.
Finally, I share a perspective on the Surpreme Court decision to overturn Affirmative Action in college acceptance standards.