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Summers calls attention to moral hazard

Source: United Press International
Washington : DC : USA | 2 months ago  
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White House economic adviser Lawrence Summers told a Washington audience Friday financial recovery includes confronting the "moral hazard" issue. The concept of a moral hazard involves people not changing their behavior when protected from the consequences of their actions.
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READ MORE: economic adviser, Larry Summers, Barack Obama, Obama's National Economic Council, house economic, White House, president barack, moral hazard, Washington
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