Michael Sonnenshein is the CEO at Grayscale Investments, the world’s largest digital currency asset manager. Moral hazard is the risk that a party has not entered into a contract in good faith ...

Although it has been argued that IMF financing may create moral hazard, it is not easy to find clear evidence of such an effect. If the extent of IMF-induced moral hazard were known, any costs would ...

I'm co-founder & CEO with 30+ years in community economic ... short-term gains over long-term stability, creating a moral hazard that undermines trust in the system. When the government favors ...

I will be the first to concede that this "moral hazard" theory of IMF lending is clever, having spent many years in the 1980s studying it and writing papers about it (including a 1988 piece with ...