Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun Plural form of
economist .
Etymologies
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Examples
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Advocates say several other plans could provide relief without creating "moral hazard" -- a term economists use to describe a policy that could inadvertently encourage economically destructive behavior.
The Full Feed from HuffingtonPost.com The Huffington Post News Editors 2011
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Moral hazard is the term economists use to describe a policy or action that either rewards irresponsible behavior or prevents the irresponsible party from being punished in the ordinary course of things.
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Borrowers make transactional mistakes mainly because of "information asymmetry," which is the term economists use to describe a market in which one party knows much less than the other.
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Borrowers make transactional mistakes mainly because of "information asymmetry," which is the term economists use to describe a market in which one party knows much less than the other.
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Moral hazard is the term economists use to describe a policy or action that either rewards irresponsible behavior or prevents the irresponsible party from being punished in the ordinary course of things.
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The deepest "bias" of the economists is against leaving the fantasy playgrounding of mathematics -- i.e. economists have a deep bias against providing sound and coherent causal explanations of real world phenomena.
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It's a term economists use to describe the smaller bubbles that follow on the heels of major ones, usually after the authorities helicopter in loads of cash to patch up the first round of damage, setting the stage for a second round of easy-money-driven speculation.
Boom and Gloom 2009
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Financial experts spoke openly of a return of “Eurosclerosis,” a term economists used in the 1980s to describe Europe’s relatively high rates of unemployment and low rates of growth compared to those of the United States.
The Shadow Market Eric J.Weiner 2010
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This last enquirer showed a touching faith in economists, which is not universally shared.
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"relevance for users" is clever misdirection from the term economists and antitrust investigators call -- 'pricing power.'
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