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A comment on Nobel Prize Winner Joseph Stiglitz Calls for Jail Time for Corporate Crooks. Parent comment

Re:Nobel Prize Winner Joseph Stiglitz Calls for Jail Time fo... by ajb on Friday October 22, 2010 @08:09PM (#1822042)
Minor nit: I could be reading this wrong, but you seem to be using an a definition of 'moral hazard' which is backwards to the usual one.
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Re:Nobel Prize Winner Joseph Stiglitz Calls for Jail Time fo... by SkyMarshal on Saturday October 23, 2010 @02:39PM (#1824070)
Yeah, I suppose I should have said moral hazard is rampant, instead of nonexistent. Hope that didn't obscure my point too badly though.
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