Need help ASAP. Thank you!
1) How/why does economic freedom trump political freedom? How can economic freedom lead to political freedom?
2) How does the presence of significant moral hazard impact the insurance principle?
3) In the context of the preceding question, consider conditions that are genetic versus those due to poor eating habits, drinking too much, smoking, and doing other unhealthy things. Further, contrast the argument for major or catastrophic health insurance vs. a much more inclusive insurance with and without deductibles and co-pay.