What is Moral Hazard?
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In helping to correct a problem which originated in past poor moral judgments, creating incentives for the same problem to repeat in the future without addressing the original poor moral judgments. Since there is an expectation that one was helped once, one will be helped again.
Giving money to banks which do not reform their mortgage lending practices creates a moral hazard
See
Random Words:
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To completely and utterly destory someone in an online game.
World of Warcraft EX:
Human 1: Z0MGpwnz0rz
Human 2: Ouch...
Orc: /cry
..
1.
The Best!
Hodur is the best!..
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A very tiny child, can only be seen with an extremely powerful microscope. Oddly enough, many can be seen at local malls and 7-11's..
