Crisis arise from conditions of irresponsibility: Influence of moral hazard on the financial crisis inception

Abstract

The moral hazard and its influence on economy is discussed as well as the reasons for subjects to take risks. The doctrine too big to fail is shown as one of the reasons for moral hazard.

Keywords

• Crisis
• arise
• conditions
• irresponsibility
• Influence
• moral
• hazard
• financial
• crisis
• inception