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Hostage Extraction Needs to be Privatized

Summary:
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 [embedded content] Tags: Featured,newsletter

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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


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