During one of the Presidential TV debates, Representative Ron Paul was asked whether a person who does not choose to purchase health insurance coverage should later be refused medical treatment if ...

Discover how moral hazard fueled risky behaviors that led to the 2008 financial crisis, and explore strategies to mitigate such risks in the financial sector.

"Moral hazard" involves someone taking an action that will benefit them if it succeeds, while knowing they won't have to bear the consequences if it doesn't. The term is typically used to describe an ...

In the worlds of insurance and finance, moral hazard is said to exist when one party to a contract or transaction feels free to take undue risks because another party will bear the costs if things go ...

The fallout from Silicon Valley Bank’s failure has revived some of those financial crisis buzzwords we really, really hoped we wouldn’t have to say again. “Bailout,” “emergency lending facility” and ...

The term “moral hazard” was first widely used in the insurance industry in the 18th century. Put simply, it refers to a situation in which a person or institution engaged in a risky activity does not ...

Desperate times call for desperate measures. In recent years and in the face of unprecedented changes in the climate system, some previously unknown and risky solutions have been proposed to put a ...

Removing carbon dioxide emissions from the atmosphere to prevent global warming from becoming catastrophic may be a fool’s game amounting to a “moral hazard par excellence,” according to a paper ...

Why would a big bank with so much at stake not care about the risks that they were taking? Well, at that point, they'd all been bailed out. I mean, my feeling at that point was, well, of course they ...