Re:Bill and Melinda Gates Are Paying Off Nigeria's $76M Debt...
by kevin_thibedeau on Monday January 15, 2018 @07:26PM
(#16154758)
> Moral hazard would be Nigerians driving Ferraris purchased by Melinda and Bill.
The Nigerian kleptocrats have effectively externalized their healthcare costs so that they can buy their Ferraris or more likely a fleet of pimped out G-wagens.
Second, the money was used to fight polio, a terrible disease. Moral hazard would be Nigerians driving Ferraris purchased by Melinda and Bill. This is not that.
If the Gates want to eliminate such diseases, they must be elated to see effective programs spending their money to do it.