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Thomas Hemphill

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Moral Hazard's Main Address Is In Michigan - Thomas Hemphill

The concept of "moral hazard', whereby inefficient public policy actions and instruments create incentives for people not to bear the full consequences of their actions, is again under...

Pope Francis's Economics Hurt the Poor He Aims to Help - Thomas Hemphill

Recently named Time magazine's "Person of the Year" for 2013, Pope Francis II has been touted by Time's editors as "The People's Pope" for his ministering to the poor and other...

The New Corporatism In American Capitalism - Thomas Hemphill

The recent release of Nobel Laureate Edmund Phelps' book Mass Flourishing (2013) may be serendipitous, but Phelps' analytic insights definitely add critical perspective on the recent...

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