Tue Mar 24 21:27:18 2020
<8f79fcda> moral hazard
[ˈmôrəl ˈhazərd]
NOUN
_economics_
1. *lack of incentive to guard against risk where one is protected from its consequences, e.g. by insurance.*
<8f79fcda> yea, that’s gonna be a no from me dog
<8f79fcda> it’s not without _*a*_ moral imperative
<8f79fcda> the question is whether you think it’s a form of looting… which it isn’t
<8f79fcda> I mean, it’s taking advantage of gaps in the market – namely: 1) fear 2) unpreparedness 3) access to (certain) information
<8f79fcda> there’s a bunch of rabbit holes to go down
<8f79fcda> <@U3TK24FU1> would you say that preying on people’s fear is the immoral part? their unpreparedness? or becasue they don’t have access to certain information? – are there other things that drive the immoral nature of the mask situation?
<8f79fcda> (forget my house red herring)