Moral Hazard is one of the more important concepts of our current economic situation. This is an intelligent, insightful article with a clear explanation of the phenomenon. I am a big believer in Christianity’s view of business ethics and here is a good one by a fine author. If you are an economics or business student, you will find useful material here.

James Pilant

  If corporations are considered to have most of the same rights as humans should they also be entitled to Grace? Last summer the Supreme Court decided that corporations had the right to make unlimited contributions to political candidates.  For a number of years labor unions have also been able to make contributions to political campaigns.  This ruling is just another incident where the law has held that corporations have many of the same rights … Read More

via Ethical Houston