Asian Spectator


The Times

.

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

Corporate Secretarial Services in Singapore: Annual Compliance, Key Filings, and Common Mistake

Annual compliance in Singapore should not be treated as a once-a-year administrative event. It is an ongoing governance system that depends on accurate records, timely filings, disciplined approvals...

Why Early Protection of Intellectual Assets is Critical

For many businesses, intellectual assets are among the most valuable things they own, yet they're often the last to receive formal legal protection. A brand name or a proprietary process can represe...

Konservasi gaya lama tak efektif: Pemulihan Aceh perlu warga dengan ekonomi yang merawat hutan

shutterstock(Manthofana/Shutterstock)● Peminggiran warga dari konservasi hutan Lingga Isaq menjadi salah satu faktor yang memperparah dampak bencana.● Pertanian monokultur dan tambang emas...

hacklink hack forum hacklink film izle hacklink z-libraryMatbetdeneme bonusu veren sitelerDeneme bonusu veren siteler 2026Deneme bonusu veren siteler 2026Matbetjojobet giriş爱思助手下载telegram下载jojobet girişgrandpashabetgrandpashabet twiter xbetgarantitelegram webbetasus girişcasibomjojobetcratosroyalbetsahabetslot sitelericasibomjojobetjojobetagen bolaholiganbetcasibomlunabetvaycasinolimanbet