Quotations about:
    moral hazard


Note not all quotations have been tagged, so Search may find additional quotes on this topic.


“Some people say we shouldn’t give alms to the poor, Shirley.”

“They are great fools for their pains. For those who are not hungry, it is easy to palaver about the degradation of charity, and so on; but they forget the brevity of life, as well as its bitterness. We have none of us long to live: let us help each other through seasons of want and woe, as well as we can, without heeding in the least the scruples of vain philosophy.”

Charlotte Brontë (1816-1855) British novelist [pseud. Currer Bell]
Shirley, ch. 14 [Lina and Shirley] (1849)
    (Source)
 
Added on 8-Apr-22 | Last updated 8-Apr-22
Link to this post | No comments
Topics: , , , , , ,
More quotes by Bronte, Charlotte

No one just starts giggling and wearing black and signs up to become a villainous monster. How the hell do you think it happens? It happens to people. Just people. They make questionable choices, for what might be very good reasons. They make choice after choice, and none of them is slaughtering roomfuls of saints, or murdering hundreds of baby seals, or rubber-room irrational. But it adds up. And then one day they look around and realized that they’re so far over the line that they can’t remember where it was.

Jim Butcher (b. 1971) American author
Cold Days, ch. 27 (2012)
    (Source)
 
Added on 2-Sep-14 | Last updated 27-Jan-22
Link to this post | No comments
Topics: , , , , , ,
More quotes by Butcher, Jim

The modern conservative is not even especially modern. He is engaged, on the contrary, in one of man’s oldest, best financed, most applauded, and, on the whole, least successful exercises in moral philosophy. That is the search for a superior moral justification for selfishness. It is an exercise which always involves a certain number of internal contradictions and even a few absurdities. The conspicuously wealthy turn up urging the character-building value of privation for the poor. The man who has struck it rich in minerals, oil, or other bounties of nature is found explaining the debilitating effect of unearned income from the state. The corporate executive who is a superlative success as an organization man weighs in on the evils of bureaucracy. Federal aid to education is feared by those who live in suburbs that could easily forgo this danger, and by people whose children are in public schools. Socialized medicine is condemned by men emerging from Walter Reed Hospital. Social Security is viewed with alarm by those who have the comfortable cushion of an inherited income. Those who are immediately threatened by public efforts to meet their needs — whether widows, small farmers, hospitalized veterans, or the unemployed — are almost always oblivious to the danger.

Galbraith - selfishness - wist_info

John Kenneth Galbraith (1908-2006) Canadian-American economist, diplomat, author
“Wealth and Poverty,” speech, National Policy Committee on Pockets of Poverty (13 Dec 1963)

Galbraith used variations on this quote over the years.
  • The above quotation was from a speech given, that was then entered into the Congressional Record, Vol. 109, Senate (18 Dec 1963).
  • This material was reworked into an article "Let us begin: An invitation to action on poverty," in Harper's (March 1964), which was in turn again entered into the Congressional Record, Vol. 110 (1964).
  • One of the last is most often cited: "The modern conservative is engaged in one of man’s oldest exercises in moral philosophy, that is the search for a superior moral justification for selfishness. It is an exercise which always involves a certain number of internal contradictions and even a few absurdities. The conspicuously wealthy turn up urging the character-building value of privation for the poor." ["Stop the Madness," Interview with Rupert Cornwell, Toronto Globe and Mail (6 Jul 2002)]
 
Added on 19-May-09 | Last updated 20-Nov-15
Link to this post | 11 comments
Topics: , , , , , , , , , , , ,
More quotes by Galbraith, John Kenneth