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News Analysis: Moral Hazard as the Flip Side of
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Posted On: 02/27/2012 4:58:26 AM
Posted By:
junewong
News Analysis: Moral Hazard as the Flip Side of Self-Reliance
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By SHAILA DEWAN
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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