The world has at least as much to fear from a moral hazard fundamentalism that precludes actions that would enhance confidence and stability as it does from moral hazard itself.-- Larry Summers
Showing posts with label M. Show all posts
Showing posts with label M. Show all posts
Tuesday, February 17, 2009
moral hazard – noun
The risk that an insured party will subsequently, and without due warning, act as if he were insured.
Wednesday, January 14, 2009
market – noun
Friday, October 24, 2008
moral compass – noun
Sunday, April 20, 2008
Wednesday, March 12, 2008
Monday, December 31, 2007
Thursday, September 20, 2007
Saturday, September 1, 2007
Thursday, August 16, 2007
mistake – noun
(Origin: Old Norse "to take in error.") Something in one's possession that really belongs to someone else.
Tuesday, July 17, 2007
Friday, June 29, 2007
mandate – noun
The sweeping authority bestowed on a winning candidate by the quarter of the public who bothered to vote and chose him because he wasn't the other guy.
Wednesday, June 27, 2007
martyr – noun
A jihadist who has taken an early retirement package.
COMMENT: 70 virgins weren't quite convincing enough.
COMMENT: 70 virgins weren't quite convincing enough.
Saturday, June 23, 2007
moral clarity – noun
The superhuman ability to perceive good and evil – properties visible only on the infrared spectrum.
I don't do nuance.
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