Categories Asides Revisiting Moral Hazard Post author By Matt Post date September 26, 2008 3 Comments on Revisiting Moral Hazard Revisiting Moral Hazard, by Bob McTeer. (Whom I’ve met.) Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window) Related Tags Economics, bob mcteer, finance ← WordCamp Weekend → Mark Cuban, Jason Calacanis, Hackaday, and Royal Navy 3 replies on “Revisiting Moral Hazard” So McTeer thinks that all those who engaged in risky behaviior have already been severely punished and that the government interventions will only protect the innocent victims of the risky behavior? I think there are a lot of culprits other than Wall Street CEOs. What about the politicians whose social engineering contributed greatly to this problem? Exactly. The “too big to fail” philosophy does nothing but encourage future risky behavior. It’s so ironic. Not only would justice be served by bringing the politicians responsible for their part of this train wreck to trial – it might also prevent this from all happening once again in the near future. Comments are closed.