In Episode#3 of Both Sides, APS founder, Ambassador Allan Katz and Co-Chair to APS’s Advisory Board, Mike McShane explain the economic term Moral Hazard and talk about the importance of leadership in crisis. Both Sides, brought to you by American Public Square at Jewell (APS), is a reoccurring civil dialogue about topics related to current events through distinct political perspective. Mike and Allan come from different generations, political parties, and overall ideology on a number of political issues.