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Published in TZ Latest News 30 August, 2014 by The TZ Newswire Staff

Moral hazard: If you are not taking socially excessive risks, you aren’t doing your job

Tyler Cowen recently quoted from a paper by Cheng, Raina and Xiong (in the AER) on the banking crisis:

See also
- Next Article Recovery? 3 "Uncomfortable Truth" Charts
- Previous Article Early Retirement: You Might Not Need as Much as You Think
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