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Moral Hazard

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Moral Hazard
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The Free Market
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Moral Hazard (tenet of capitalism)

  1. the belief that participants in the free market will behave differently if they know they are coddled by government handouts, than if they are expected to pull up their bootstraps and man up

Antonym: Social Security


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"Moral Hazard"
is a part of Wikiality.com's dictionary, "Watch What You Say". For the full dictionary, click here.

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