Sentences with phrase «moral hazard went»

Not exact matches

That's the paradox of it: the nobility of knowing what you're going to see and expose yourself to and the moral hazards that you're going to experience in undertaking your duty with honor and with pride.
Whenever the market will be back exploiting its role (that is, allocating capital in the best efficient way possible) and the greatest rational exuberance of all times will be over, not to mention the induced the moral hazard, we'll go back talking about valuations.
The «moral hazard» argument against CDR goes something like this: CDR could be a «Trojan horse» that fossil fuel interests will use to delay rapid decarbonization of the economy, as these fossil interests could use the prospect of cost - effective, proven, scaleable CDR technologies as an excuse for continuing to burn fossil fuels today (on the grounds that at some point in the future we'll have the CDR techniques to remove these present - day emissions).
Paul Krugman, for example, defines moral hazard simply as «any situation in which one person makes the decision about how much risk to take, while someone else bears the cost if things go badly.»
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