Minor nit: I could be reading this wrong, but you seem to be using an a definiti... | Hacker News

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		ajb on Oct 23, 2010 \| parent \| context \| favorite \| on: Nobel Prize Winner Joseph Stiglitz Calls for Jail ... Minor nit: I could be reading this wrong, but you seem to be using an a definition of 'moral hazard' which is backwards to the usual one.

SkyMarshal on Oct 23, 2010 [–]

Yeah, I suppose I should have said moral hazard is rampant, instead of nonexistent. Hope that didn't obscure my point too badly though.

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