83 blog reactions to http://commentisfree.guardian.co.uk/richard_adams/2008/03/moral_hazard.html

said in an interview today, referring to the Fed lending program. “It’s meant to be there for normal business. It’s not meant to be there as a last-recourse thing.” [Read the report] Moral hazard Richard Adams, comment is free, 17 March 2008 There’s a lot more to be said, and yet to be learned, about the decline and fall of Bear Stearns. But the bigger question is this: what will policy-makers and regulators, both in the US and elsewhere, take from it? Are modern financial markets now

s events, is this: moral hazard - the idea that economic agents will take greater risks if they think there is a safety net to catch them. (That’s why kids learn to ride bikes with training wheels on.) [Read the commentary] ShareThis

(226) commentsJihad or alcohol? (218) commentsImperfect union (207) commentsPrecious liberty (187) commentsWright was right (186) commentsCameron's down-home hokum is going to backfire (138) commentsMoral hazard (138) comments

(226) commentsJihad or alcohol? (218) commentsImperfect union (207) commentsPrecious liberty (187) commentsWright was right (186) commentsCameron's down-home hokum is going to backfire (138) commentsMoral hazard (138) comments

Five years on, the hard lessons that we must learn from Iraq (180) commentsPrecious liberty (175) commentsWright was right (168) commentsWhatever China does, Tibet will still demand its freedom (153) commentsGray's elegy (142) commentsMoral hazard (138) comments

Five years on, the hard lessons that we must learn from Iraq (180) commentsPrecious liberty (174) commentsWright was right (166) commentsBeing black in America (156) commentsWhatever China does, Tibet will still demand its freedom (153) commentsMoral hazard (138) comments

Five years on, the hard lessons that we must learn from Iraq (178) commentsPrecious liberty (163) commentsBeing black in America (152) commentsWhatever China does, Tibet will still demand its freedom (151) commentsWright was right (143) commentsMoral hazard (138) comments

Five years on, the hard lessons that we must learn from Iraq (178) commentsPrecious liberty (163) commentsBeing black in America (152) commentsWhatever China does, Tibet will still demand its freedom (151) commentsWright was right (143) commentsMoral hazard (138) comments

Five years on, the hard lessons that we must learn from Iraq (178) commentsPrecious liberty (163) commentsBeing black in America (152) commentsWhatever China does, Tibet will still demand its freedom (151) commentsWright was right (143) commentsMoral hazard (138) comments

Five years on, the hard lessons that we must learn from Iraq (178) commentsPrecious liberty (161) commentsBeing black in America (152) commentsWhatever China does, Tibet will still demand its freedom (150) commentsMoral hazard (138) commentsWright was right (138) comments