Moral hazard Quotes

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There is no middle ground for moral choice and political decision because by being on a safe side, any indecisive act poses a moral hazard to the individual freedom and integrity of a democratic society.~ Danny Castillones Sillada, The Postmodern Filipino Prince: The Moral Hazard of Political Indecision

Danny Castillones Sillada
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Don't reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a 'moral hazard,' because the bailout absolved the bank's bad acts and created an incentive for it to make the same bad loans again.

Eliot Spitzer
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