by Step-Up Finance (Business) | May 18, 2010 | Blog, Business, Economy, Finance, Financial Markets, Miscellaneous, Uncategorized
The mechanism for improving The System works too slowly. ” Every time attempts are made to finally patch-up one problem, cracks appear elsewhere” we’d quoted before when we mused on Moral Hazard over a year ago. It’s a bit like wearing full American...
by Step-Up Finance (Business) | Feb 25, 2009 | Blog, Business, Economy, Finance, Financial Markets, Government, Market Update, Miscellaneous, Uncategorized
“The mechanism for improving the System works too slowly. Every time attempts are made to finally patch-up one problem, cracks appear elsewhere” “Moral Hazard” is the name given to a decision that can influence future behaviour, often for the...