3 ms·
Minor nit: I could be reading this wrong, but you seem to be using an a definition of 'moral hazard' which is backwards to the usual one.
by ajb 16y ago
Minor nit: I could be reading this wrong, but you seem to be using an a definition of 'moral hazard' which is backwards to the usual one.
- SkyMarshal 16y agoYeah, I suppose I should have said moral hazard is rampant, instead of nonexistent. Hope that didn't obscure my point too badly though.