Episode 12: Moral hazard, Vancouver, and the Texas’ question

In this episode, we first discuss about Vancouver’s economic strategy to decrease congestion in the city. We also talk about the reason of the current PS5 and Xbox Series X shortages and its implications (which was also the occasion for Lanny to talk about secondary market!). For the main microeconomic topic of the day, we will talk about moral hazard through different anecdotes of our everyday life. This week, we also answer to, not one, but two voice messages: Sanna and her economic development question; and Jared from Texas (our very first fan!) with his truck's question. Thank you for listening to this first season of Everyday Economics. Stay safe and good luck for your finals!