moral hazard :
- n (economics) the lack of any incentive to guard against a risk when you are protected against it (as by insurance)
News & Articles
- Moral Hazards And Dangers To Market Stability
It's rare for us to come across a legit paper regarding financial securitization but this one from the College for Financial Planning is. Written by Jim Pasztor , the paper covers "Financialized Capitalism" and Minksy's "Money Manager Capitalism" leading into Banking Crises and how the system ends up being rigged in the banks favor (the Moral Hazard) which results in private gains and public ...
June 22, 2013 - Zero Hedge
- Guest Post: Artificial Abundance, Moral Hazard And The Fed's Doomsday Machine
Submitted by Charles Hugh-Smith of OfTwoMinds blog , A loss of faith in key institutions cannot be fixed with more cheap credit or subsidized mortgages. Today's topic is important but a bit tricky; you may want to refill your beverage container before buckling in. Moral hazard is the separation of risk from consequence. A person who knows they won't suffer the consequences of a risky bet gone ...
June 20, 2013 - Zero Hedge