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“Moral Hazard” – a deceitful double standard

 FREIeBÜRGER - Germany 27 June 2011

“Moral hazard” has become an economic combat term. Conservative politicians are using it to argue that the welfare state is making people lazy and unproductive. Its supporters, however, avoid using it consistently, undermining their own credibility. (697 Words) - By Domink Jenne

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