Moral hazard exists when a party to a transaction has an incentive to take unusual business risks because they are unlikely to suffer potential consequences.

Moral hazard is a situation in which one party gets involved in a risky event knowing that it is protected against the risk and the other party will incur the cost.

This is Part 2 of my series on moral distress and cultivating moral resilience. Read Part 1 here. “Moral distress” is a term coined in 1984 by philosopher Andrew Jameton to describe the suffering ...

Racial distinction and racism, like America’s tragic birth defect of slavery, was a betrayal of the essential moral meaning of America. When people come to America, past and present, they could not ...

President Trump this week invited the Philadelphia Eagles to the White House to celebrate the team’s Super Bowl win. Most players chose not to attend because they disagree with the president’s policy ...

IF a reporter is sent to interview a man, it is essential that he get hold of the right man, ply him with the proper methods, and sound him on the proper subjects. It is much the same with us. Some ...

The impulse to wish harm on others may come naturally, but that doesn’t make it right. By Sasha Mudd Dr. Mudd is an assistant professor of philosophy. See more of our coverage in your search ...