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
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Random Words:
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behaviorally, cognitively, and emotionally incapacitated due to excessive drug use.
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The process of an automobiles tyres loosing traction which results in the wheels spinning and creating copious amounts of smoke.
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when one wraps a scarf around their head like a hood to keep warm, as Justin Bobby once did on a episode of "The Hills", this ..
