P.S. Debt limit fightsare an exampleof some people supporting short-run pain in order to reduce the likelihood of much greater long-run pain. Share this: Biden’s Messed-Up Housing Gambit Posted inFannie Mae,Freddie Mac,Housing,Moral Hazard, taggedFannie Mae,Freddie Mac,Housing,Moral Hazard...
and these men must be either of a higher or a lower type (for moral character mainly answers to these divisions, goodness and badness being the distinguishing marks of moral differences), it follows that we must represent men either as better than in real life, or as worse, or as they ...
The paradox here is that Northern European policy markets by opposing monetary easing in the euro zone actually are increasing the problem with moral hazard and bailouts. Hence, when monetary policy is too tight nominal GDP (and likely also real GDP) collapses. As a result debt ratios increase ...
if your diamond ring is insured for $50‚000‚ you are more likely to leave it out of the safe. Economists call this phenomenon “moralhazard‚” and if you look around‚ you will see it everywhere. “With automobile collision insurance‚ for example‚ one is more likely to ...
Moral ambiguity should not be the only path we follow in writing stories. It has its place like anything else as a tool of craft. Too much and it becomes a hazard and irresponsible practice, too little, it becomes the same. There is a place for morality in storytelling and showing a wo...
Honesty – now that is a radical idea, indeed. Forget moral hazard. That there could be a discussion about it is symptomatic enough of our moral decadence. In their personal life, most people will agree that “honesty is the best policy.” But honesty in business is seen as a revolutionar...
a hazard to the souls of men; and the danger that confronts us in the scientific age arises not from our tools or our machines but from our own assumptions and attitudes. When we allude to the “Brave New World” as shorthand for the inhuman technological dystopia that threatens our future...
Looking at the precision with which natural phenomenon happen ( like the succession of day and night, of seasons, rotation of planets … ) is is very unlikely to think that all these are based on hazard ( hazard = disorder = opposite to order= lack of any intention ). ...
I’m not a scientist, obviously, but I will hazard an educated guess that people living with the stress of staring into the jaws of poverty have compromised immune systems, which would make them easy pickings for any new disease going around. Since self-reporting when one has symptoms is go...
Because it has the potential to change a student, grading is a moral hazard. Grading well requires knowing what human beings are for and educating them accordingly; how and why one grades is a confession of one’s beliefs about the ultimate destiny of man. A professor is an architect of ...