News Analysis: Moral Hazard as the Flip Side of
Post# of 25327
Posted On: 02/27/2012 4:56:52 AM
News Analysis: Moral Hazard as the Flip Side of Self-Reliance
As an economic concept, “moral hazard” means that people are apt to take undue risks if they don’t have to bear the consequences. But it’s also part of the debate on the limits of self-reliance.
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