Title :
Moral Hazards, Negative Externalities, and the Surveillance Economy
Abstract :
Modern economics includes the art of making common sense abstruse. Terms like moral hazard and negative externality both describe states of transactional imbalance. And this imbalance isn´t limited to economics. When governments are involved, even digital technology can be threatening.
Keywords :
economics; government; socio-economic effects; common sense; digital technology; economics; governments; moral hazards; negative externalities; surveillance economy; transactional imbalance state; Ethics; Government; Hazards; National security; Privacy; Surveillance; ACLU v. Clapper; Klayman v. Obama; USA PATRIOT Act; government surveillance; moral hazards; negative externalities;