Heavy Lifting - thoughts and web finds by an economist
     I also contribute to Division of Labour Load HL's Front Page
Wednesday, February 18, 2009

Moral hazard?

Yes, Virginia, moral hazard exists and is plaguing the financial industry (along with many others). Worse is coming down the pike as we "have to do something" to keep people in their houses - which turns out to be the rest of us not planning to go into default on our mortgages get to pay for theirs as well.

Great.

An excellent representation of the moral hazard problem is available here.

Labels: , , ,

Comments: Post a Comment



Purchase




Le Chai - galerie du vin



Support



Popularity

Posts that contain Craig Depken per day for the last 90 days.



Contacts

Heavy Lifting's Main Page
Email Me
Atom Feed

WWW
Heavy Lifting




Great Links

Money I Found Today

Heavy Lifting - Firehose style (56k warning)



Recent Posts

- Moral hazard?




Archives


home


Visitors
Site Meter Blogroll Me!



Credits

Modified maystar design
powered by blogger