4 ms·
I'm not saying you hold this opinion, but policy-makers seem to have little issue with moral hazard when it comes to bailing out "too big to fail" corporations.
by bumby 4y ago
I'm not saying you hold this opinion, but policy-makers seem to have little issue with moral hazard when it comes to bailing out "too big to fail" corporations. I get the moral hazard argument, but if it's truly a first-principle it should probably be applied more consistently.