Hülsmann, Jörg Guido "The Political Economy of Moral Hazard,"Mises Daily, April 19, 2008; excerpt, "A central occupation of economists is to analyze the nature, causes, and effects of incentives — the circumstances that are held to motivate human action. Economists agree on the positive role that 'good' incentives play to increase production. They also agree that 'perverse' incentives have an opposite impact. One of these perverse incentives is called moral hazard ...."; retrieved 2012-6-22.
Hülsmann, Jörg Guido "The Political Economy of Moral Hazard,"Mises Daily, April 19, 2008; excerpt, "A central occupation of economists is to analyze the nature, causes, and effects of incentives — the circumstances that are held to motivate human action. Economists agree on the positive role that 'good' incentives play to increase production. They also agree that 'perverse' incentives have an opposite impact. One of these perverse incentives is called moral hazard ...."; retrieved 2012-6-22.
