http://archive2.mrc.org/taxonomy/term/17088/all en http://archive2.mrc.org/articles/abc-addresses-moral-hazard-government-bailouts <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/kristen-fyfe">Kristen Fyfe</a> </div> </div> </div> <p >ABC reporter Dan Harris introduced the helpful term “moral hazard” into the lexicon of reporting on the brewing bailout controversy, whether the government should help people defaulting on their mortgages.</p> <br /> <p >According to Harris, economists “use a term called 'moral hazard,' which you will probably be hearing a lot. It means that if the government rescues people when they make risky investments, that creates the incentive to take even more risks.”  </p><p><a href="http://archive2.mrc.org/articles/abc-addresses-moral-hazard-government-bailouts" target="_blank">read more</a></p> Articles MRC Culture Education abc governmentbailouts moralhazard mortgages Fri, 29 Feb 2008 05:00:00 +0000 admin 28353 at http://archive2.mrc.org