Asian Spectator

Men's Weekly

.

What does 'moral hazard' mean? A scholar of financial regulation explains why it's risky for the government to rescue banks

  • Written by Cassandra Jones Havard, Professor of Law, University of South Carolina
What does 'moral hazard' mean? A scholar of financial regulation explains why it's risky for the government to rescue banksA real payload.tiero/iStock via Getty Images Plus

“Moral hazard” refers to the risks that someone or something becomes more inclined to take because they have reason to believe that an insurer will cover the costs of any damages.

The concept describes financial recklessness. It has its roots in the advent of private insurance companies a...

More Articles ...

  1. Ramadan finds greater recognition in America's public schools
  2. A friend who's more boss than BFF may be harmful for teens' mental health
  3. Poisons are a potent tool for murder in fiction – a toxicologist explains how some dangerous chemicals kill
  4. Increases in opioid overdoses in Pennsylvania varied by county during the COVID-19 pandemic
  5. Seabirds that swallow ocean plastic waste have scarring in their stomachs – scientists have named this disease 'plasticosis'
  6. A string of assassinations in Afghanistan point to ISIS-K resurgence – and US officials warn of possible attacks on American interests in next 6 months
  7. Trump's unprecedented call for protests is the latest sign of his aim to degrade America's institutions
  8. Climate damage is worsening faster than expected, but there's still reason for optimism – 4 essential reads on the IPCC report
  9. IPCC report: Climate solutions exist, but humanity has to break from the status quo and embrace innovation
  10. Antisemitism on Twitter has more than doubled since Elon Musk took over the platform – new research

Magazine

Pengawasan layanan publik masih timpang gender: Studi terhadap Ombudsman Republik Indonesia

Gedung Ombudsman RI di Jakarta.Rivansyah Dunda/Shutterstock● Keterwakilan perempuan di lembaga ombudsman masih minim.● Ini melemahkan kemampuan ombudsman untuk melakukan pengawasan yang ad...

Ending malaria in Papua: Why oral communication matters as much as medicine

Illustration of a malaria-transmitting mosquito.Somboon Bunproy / ShutterstockPapua accounted for 93% of Indonesia’s 527,000 malaria cases in 2024, as elimination efforts continue to face multip...

Dilema utang kereta cepat Whoosh: Mengejar kecepatan, mengancam kedaulatan

Kereta Cepat Jakarta-Bandung Whoosh.wisely/Shutterstock● Masalah utang kereta cepat Whoosh menunjukkan adanya ketergantungan dalam sistem ekonomi global.● Angka penumpang yang tinggi belum...