I have been reading Vince Cables book on the banking crisis - he talks about the economic term "moral hazard" which is the tendency to take undue risks if the consequential costs of failure or loss are borne by a another party.
MH pretty much explains some of the UK banking industry behaviors which caused much of today's problems.
MH can also apply in our personal and business relationships - where might you be creating such situations?
Ken Thompson (aka The BumbleBee) blogs about bioteams, virtual collaboration and business simulation at www.bioteams.com.
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