Moral Hazard Quotes

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

Embryonic stem cell research is at the leading edge of a series of moral hazards. ~ George W. Bush

Market discipline can only limit moral hazard to the extent that debt and equity holders believe that, in the event of distress, they will bear costs. ~ Ben Bernanke

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

As we try to make the financial system safer, we must inevitably confront the problem of moral hazard. ~ Ben Bernanke

Tell me, who's to be the new Secretary of Agriculture?" "Mr. Clement, of Ohio." I doubted that was the case, but I'd unfortunately chosen as a test a question I wasn't myself prepared to answer. "There is another possible explanation, Emmie." "Explanation of what?" "Explanation as to why these cases may be unrelated." "And what is that?" "Moral hazard." "And what is moral hazard? ~ Robert Bruce Stewart

The government is promoting bad behavior. ~ Rick Santelli

There is no middle ground for moral choice and political decision because by being on a safe side, any indecisive act poses a moral hazard to the individual freedom and integrity of a democratic society.

~ Danny Castillones Sillada, The Postmodern Filipino Prince: The Moral Hazard of Political Indecision ~ Danny Castillones Sillada

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 make the same bad loans again. ~ Eliot Spitzer

Those with health insurance are overinsured and their behavior is distorted by moral hazard. Those without health insurance use their own money to make decisions based on an assessment of
their needs. The insured are wasteful. The uninsured are prudent. So what's the solution? Make the insured a little more like the uninsured. ~ Malcolm Gladwell

I shall remind you that"rights" are a moral principle defining and sanctioning a man's freedom of action in a social context, that are derived from man's nature as a rational being and represent a necessary condition of his particular mode of survival. I shall remind you also that the right to life is the source of all rights, including the right to property. ~ Ayn Rand

But what they find most amazing and despicable is the insanity of those who all but worship the rich, to whom they owe nothing and who can do them no harm; they do so for no other reason except that they are rich, knowing full well that they are so mean and tightfisted that they will certainly never give them one red cent during their whole lives. ~ Thomas More

When we come to the moral principles on which the government is to be administered, we come to what is proper for all conditions of society. Liberty, truth, probity, honor, are declared to be the four cardinal principles of society. I believe that morality, compassion, generosity, are innate elements of the human constitution; that there exists a right independent of force. ~ Thomas Jefferson

Some people don't need parental commitment, they will still come out great, but for others, parents can be critical in providing moral and academic guidance. ~ Amy Chua

He's like six hundred years younger than you are. I refuse to be the moral compass of our cell! Most weekends I have an intoxispell bong attached to my mouth like a respirator. I love scatological humor, and I list 'pranks involving nuclear waste' and 'making demons eat things' as my hobbies. ~ Kresley Cole

Most philosophers do not want intellectual matters to reduce to a question of morality (obedience or rebellion to God's Word). They want to hold the intellect or reason to be above matters of moral volition. They hold that truth is obtainable and testable no matter what ethical condition the thinker is in.
Hence, they maintain that all disputes must be rationally resolvable, and a rational case for a philosophic position relies on a valid chain of discursive argumentation that takes us back to incontestable first principles or facts. ~ Greg L. Bahnsen

All fables, indeed, have their morals; but the innocent enjoy the story. ~ Henry David Thoreau

We are accustomed to look for the gross and immediate effects and to ignore all else. Unless this appears promptly and in such obvious form that it cannot be ignored, we deny the existence of hazard. Even research men suffer from the handicap of inadequate methods of detecting the beginnings of injury. The lack of sufficiently delicate methods to detect injury before symptoms appear is one of the great unsolved problems in medicine. ~ Rachel Carson

It's a moral problem that the government is making into criminals people, who may be doing something you and I don't approve of, but who are doing something that hurts nobody else. ~ Milton Friedman

The times are chaotic. For me, I would hope that people look at [Angel] and gain strength by it. With everything that I do, I hope that they see people struggling to live decent, moral lives in a completely chaotic world. They see how hard it is, how often they fail, and how they get up and keep trying. That, to me, is the most important message I'm ever going to tell. ~ Joss Whedon

The believer caught between the flesh and Spirit is also caught between death and life. That is what happens when God intervenes in a human life. That intervention does not necessarily bring tranquility. In fact, it is more likely to bring tension and conflict. It is the life surrendered to the flesh which lacks inner conflict, for the decline through sin to death can be so easy. It is when the Spirit enters a life to contest the sway of sin and counter the weakness of the flesh that conflict ensues. The presence of moral conflict is a sign of the Spirit presence, not the Spirit's absence. ~ James D.G. Dunn

A just law is a man-made code that squares with the moral law or the law of God. An unjust law is a code that is out of harmony with the moral law. To put it in the terms of Saint Thomas Aquinas, an unjust law is a human law that is not rooted in eternal and natural law. ~ Martin Luther

He's my father married to my sister. That makes me his son and his brother-in-law. That is such a moral transgression ... I cannot see him. I cannot have a relationship with my father and be morally consistent. I lived with all these adopted children, so they are my family. To say Soon-Yi was not my sister is an insult to all adopted children. ~ Ronan Farrow

Most gods have the morals of a spoiled child. ~ Robert A. Heinlein

I think religion for many people is some sort of moral viagra. ~ Daniel Dennett

How can we expect novelists to be moral, when their trade forces them to treat every end they meet as no more than an imperfect means to a novel? ~ Randall Jarrell

Readers of novels often fall into the bad habit of being overly exacting about the characters' moral flaws. They apply to these fictional beings standards that no one they know in real life could possibly meet. ~ Edmund White

Leadership is an unlimited resource and as such, is a lifelong pursuit of learning. That learning must be to transform 'leader of position' to 'leadership with moral purpose'. ~ Hilarie Owen

We meet from time to talk and argue…about what we as artists can do, how we can express the anguish for the moral situation we find in this country, but not as civil rights pleaders. ~ Ossie Davis

Matters of taste are not, it turns out, moral issues. ~ Annie Dillard

Shakespeare is getting flyblown; a paternal government might well forbid writing about him, as they put his monument at Stratford beyond the reach of scribbling fingers. With all this buzz of criticism about, one may hazard one's conjectures privately, make one's notes in the margin; but, knowing that someone has said it before, or said it better, the zest is gone. Illness, it its kingly sublimity, sweeps all that aside and leaves nothing but Shakespeare and oneself. ~ Virginia Woolf

Caleb leaned forward in his seat. "So who's the meanest person you've ever arrested?"
"What are you doing?" Nick gasped.
Caleb cracked an evil grin. "You have things you can't resist doing. This is one that is a moral imperative to me." *Must rankle bullies.*
*You're going to get jack-slapped.* ~ Sherrilyn Kenyon

Looking back on 200 years of feminist agitation in this country, we've got to get it that the moral high ground doesn't get us anything. Pleading with powerful men never gets us what we need. Talking doesn't do it. Being right doesn't do it. Hardball politics does it ... and a political strategy. ~ Naomi Wolf

Religion is a temper, not a pursuit. It is the moral atmosphere in which human beings are to live and move. Men do not live to breathe: they breathe to live. ~ Harriet Martineau

Those who find ugly meanings in beautiful things are corrupt without being charming. This is a fault. Those who find beautiful meanings in beautiful things are the cultivated. For these there is hope. They are the elect to whom beautiful things mean only Beauty. There is no such thing as a moral or an immoral book. Books are well written, or badly written. That is all. ~ Oscar Wilde

Sara watched in awe. As agile as the dealers in the club were, she had never seen any of them handle cards with such ease. That, coupled with his extraordinary mind for numbers, would make him an invincible opponent. "Why don't you ever play?" she asked. "I've never seen you in a casual game with Lord Raiford or your other friends. Is it because you know you would always win?"
Derek shrugged. "That's one reason," he said without conceit. "The other is that I don't enjoy it."
"You don't?"
"I never did."
"But how can you be so good at something and not enjoy it?"
"Now there's a question," he said, and laughed softly, setting aside the cards. Leading her to the hazard table, he took her by the hips and lifted her up. She sat on the edge of the table, her knees pushed apart as he stood between them. Derek leaned forward, his mouth a warm, gentle brand. "It's not like your writing, sweet. When you sit at your desk, you put your heart and mind into your work, and it gives you satisfaction. But cards are just patterns. Once you learn the patterns, it's automatic. You can't enjoy something if it doesn't demand a little of your heart."
Sara caressed his black hair. "Do I have a little of your heart? ~ Lisa Kleypas

Any time the character is in a moral quandary is interesting. That's been true from the Greeks on down. ~ Robert Sean Leonard

In a secular world, which is what most of us in Europe and North America live in, history takes on the role of showing us good and evil, virtues and vices. Religion no longer plays as important a part as it once did in setting moral standards and transmitting values ... History with a capital H is being called in to fill the void. It restores a sense not necessarily of a divine being but of something above and beyond human beings. It is our authority: it can vindicate us and judge us, and damn those who oppose us. ~ Margaret MacMillan

A truly moral nation enacts policies that encourage personal responsibility and discourage self-destructive behavior by not subsidizing people who live irresponsibly and make poor choices. ~ Benjamin Carson

We conclude, therefore, that determining the supply of money, like all other goods, is best left to the free market. Aside from the general moral and economic advantages of freedom over coercion, no dictated quantity of money will do the work better, and the free market will set the production of gold in accordance with its relative ability to satisfy the needs of consumers, as compared with all other productive goods.10 ~ Murray N. Rothbard

The depth and strength of our character is defined by our moral code. People only reveal themselves when they're thrown out of the usual conditions of their lives. That's when the truth of who they are is revealed ... ~ Sherrilyn Kenyon

If there is an occupational hazard to writing, it's drinking. ~ Cormac McCarthy

There has to be some kind of order and some moral code. I don't know how people can function without a belief in a deity. ~ Mel Gibson

Why should we take care to maintain focus on the gospel of grace in our interpretations of Daniel? The first reason is to keep our messages Christian. We are not Jews, Muslims, or Hindus whose followers may believe our status with God is determined by our performance. We believe that Christ's finished work is our only hope. To make Daniel simply an example of one who fulfills God's moral imperatives and thus earns his blessing is essentially an unchristian message. Apart from God's justifying, enabling, and preserving grace, no human can do what God requires to be done. Jesus said, "Apart from me you can do nothing" (John 15:5). Interpretations of Daniel devoid of the enabling grace of Christ - even in its Old Testament forms of unmerited divine provision - implicitly deny the necessity of Christ. ~ Bryan Chapell

But for the Jews this moral-spiritual issue raises the same societal problem it does for the Greeks: how can a man have the "right" to make himself spiritually or rationally destitute or retarded when this corrupts the whole quality of the culture that we all together need and depend on? If anyone wants a cloistered and closed-minded life, an anti-aristic life, let him either go off and live among the wolves-or else join the community of like-minded idiots that (alas) compose and define the basic terms of modern society. ~ Kenny Smith

To call a work of art Kitsch is to condemn it for being bad art. But there is a great deal of bad art that we do not condemn as Kitsch. To condemn something as Kitsch is to condemn it on moral grounds. ~ Karsten Harries

The Second Amendment, like all of our rights, is reliant on a moral and virtuous people. Without that, nothing else matters. Man can not rule himself if ... moral sentiment is missing. ~ Glenn Beck

I came to Oxford looking for a Once-in-a-Lifetime Experience. I chose to experience a lifetime.
I know that one day he will lose to the waterfall, slip behind its turbulent curtain forever, lost to me like something out of a fairy tale. But in our story, there's no villain, no witch, no fairy godmother, no moral imperative or cautionary conclusion. No happily-ever-after.
It just is. It's life.
The water keeps flowing as we come and go.
We were never forever, Jamie and I. Nothing is in this life. But if you love someone and are loved by someone, you might find forever after.
Whatever and wherever it is. ~ Julia Whelan

What does it matter if another player, your friend or rival, intended good things and had only your interests at heart, if the effects of his action lead to so much ruin and confusion? It is only natural for people to cover up their actions with all kinds of justifications, always assuming that they have acted out of goodness. You must learn to inwardly laugh each time you hear this and never get caught up in gauging someone's intentions and actions through a set of moral judgments that are really an excuse for the accumulation of power. ~ Robert Greene

I don't apologize for my behavior anymore. Whatever I do or don't do shouldn't matter. Moral certainty is dangerous. Moral certainty is what makes people go to war unnecessarily and illegally. Morality, as any halfway intelligent human being would tell you, is a very subjective thing. ~ Steve Coogan

If you notice, the moral law in the other legal codes separates people (the Laws of Manu, the caste system, the Code of Hammurabi with the slave/owner distinction). In Islam, the violator is inferior to the obedient one. By contrast, in the Hebrew-Christian tradition, the law unifies people. No one is made righteous before God by keeping the law. It is only following redemption that we can truly understand the moral law for what it is
a mirror that indicts and calls the heart to seek God's help. This makes moral reasoning the fruit of spiritual understanding and not the cause of it. ~ Ravi Zacharias

In the moral sphere, every act of justice or charity involves putting ourselves in the other person's place and thus transcending our own competitive particularity. ~ C.S. Lewis

[Archbishop Lefebvre's excommunication] may be compared with the excommunications that popes in former times pronounced on their political enemies, sentences which were formally valid but which nobody today would regard as having moral force. In fact its weight is less, for the excommunication came not from a merely secular policy but from one aimed at excluding tradition from the Church or obliging it to compromise with false principles. ~ H.J.A. Sire

Moral law is an invention of mankind for the disenfranchisement of the powerful in favor of the weak. Historical law subverts it at every turn. A moral view can never be proven right or wrong by any ultimate test. A man falling dead in a duel is not thought thereby to be proven in error as to his views. His very involvement in such a trial gives evidence of a new and broader view. The willingness of the principals to forgo further argument as the triviality which it in fact is and to petition directly the chambers of the historical absolute clearly indicates of how little moment are the opinions and of what great moment the divergences thereof. For the argument is indeed trivial, but not so the separate wills thereby made manifest. Man's vanity may well approach the infinite in capacity but his knowledge remains imperfect and howevermuch he comes to value his judgments ultimately he must submit them before a higher court. Here there can be no special pleading. Here are considerations of equity and rectitude and moral right rendered void and without warrant and here are the views of the litigants despised. Decisions of life and death, of what shall be and what shall not, beggar all question of right. In elections of these magnitudes are all lesser ones subsumed, moral, spiritual, natural. ~ Cormac McCarthy

Well in those parts (upcountry India) they have were-tigers, or think they have, and I must say that in this case, so far as sworn and uncontested evidence went, they had every ground for thinking so. However, as we gave up witchcraft prosecutions about three hundred years ago, we don't like to have other people keeping on our discarded practices; it doesn't seem respectful to our mental and moral position. ~ Saki

A process of self-deception to satisfy and summarily persuade yourself of righteousness. What one among us has any excuse but self-love? We do not create or confess a morality that is convenient, that lends itself to growth, and remains simple, that allows transgression without excuse or punishment. It would be wise and commonsense to do so, whatever the state of affairs in your mind. Nature eventually denies that which it affirms: Through permanent association with the same moral code we help desire to transgress. Desire of those things denied, the more you restrict the more you sin, but desire equally desires preservation of moral instinct, so desire is its own conflict (and weakly enough). Have no fear, the Bull of earth has long had nothing to do with your unclean conscience, your stagnant ideas of morality. The microbe alone would seem without fear! ~ Austin Osman Spare

Said an opponent to me after my last protest was sent in, what party would you vote for, if you could? Neither. I would have a moral sentiment party. I would know the private character of my candidate, would know also whether he takes care of his own property
whether he had failed in business
if so, whether he had paid back every dollar of debt as fast as he had earned them. Yes, every candidate should be examined morally, and if it be found that he has not been true to the monitions of conscience in one direction, he cannot or will not be in another ... ~ Harriot Kezia Hunt

There are people accusing me that I'm sick, that I'm a danger to morals, western civilization and basically everything under the sun. And they've got these wild stories about me, completely off the wall, completely untrue. They thought them up and it makes you wonder what goes on in their brain, but of course, they don't consider themselves sick. They think they're normal because they don't dress like I do. ~ Marilyn Manson