Moral Hazard – Quotes

Don\\’t reward bad behavior.

Don’t reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a ‘moral hazard,’ because the bailout absolved the bank’s bad acts and created an incentive for it to … Read more

I prefer to be

I prefer to be true to myself, even at the hazard of incurring the ridicule of others, rather than to be false, and to incur my own abhorrence. Frederick Douglass

There is a major

There is a major disaster when a person allows some success to become a stopping place rather than a way station on to a larger goal. It often happens that an early success is a greater moral hazard than an early failure. Bill Vaughan

I’m interested in the

I’m interested in the limits of personality, in the possibility of change, and the saving power of art. Do powerful works of art raise our consciousness to such a degree that we refrain from sliding into moral hazard? Do we take note? Or are we doomed to repetition? Adam Ross