► This program has ended, but check out our other awesome Academy programs by clicking this link: http://bit.ly/1nABNzFIs it crazy to think that making football helmets flimsy or getting rid of them altogether could reduce the amount of football concussions in the NFL? In this video, we discuss the moral hazard of football helmets. Moral hazard refers to the lessening of people’s incentive to avoid negative outcomes when they are presented with additional forms of protection. Will attempts to reduce risk in injuries actually create more?We want to hear from YOU! Share your thoughts in the comments below.► Check out more videos from Prof. Horwitz!:Do Women Earn Less Than Men?http://youtu.be/EwogDPh-Sow?list=UUFJNcE0iHj7P6dhp5iCZRLgAre The Poor Getting Poorer?https://www.youtube.com/watch?v=vDhcqua3_W8&list=UUFJNcE0iHj7P6dhp5iCZRLg►Sources:Since 2009, concussions have jumped up almost 70%:http://bit.ly/1uiLukONFL players are 25% more likely to receive a concussion than the Australian Football League:http://on.wsj.com/1uiLCRmStudy that shows an increase in fatalities among non-occupants:https://ceprofs.civil.tamu.edu/dlord/Papers/Lv_et_al._Peltzman_Effects.pdfStudy that shows SUV drivers are more likely to engage in risky cellphone use:http://bit.ly/1v6vzdz► Learn More:Economist Peter Leeson explains how moral hazard played a big role in the economic crash of 2008.http://bit.ly/1uiJLflEconomist Peter Boettke explains the role of moral hazard in regards to the aftermath of Hurricane Katrina.http://bit.ly/1uiJJE9In this NY Times article, it’s revealed by two economists have designated hitters create moral hazard for pitchers.http://nyti.ms/1uiJxoCNBC Sports - Football players are citing that they are scared of hitting high and getting fined so they now aim for the legs, but because of that, career-ending knee injuries are rising. This is an example of moral hazard!http://bit.ly/1uiJtoR► http://LearnLiberty.org► http://twitter.com/LearnLiberty► http://google.com/+LearnLiberty► http://facebook.com/LearnLiberty► http://youtube.com/user/LearnLiberty
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