The phrase " Too big to fail" is a perfect example of moral hazard.

" 大而不倒" 这句话是德的完美例子。

That leads us to moral hazard.

它导致了德。

Its Nobel Prize reminds us all of the moral hazard in imagining that the poor and vulnerable are somebody else's problem.

它的诺贝尔奖提醒我们所有人，想象穷人和弱势群体是别人的问题会带来德。

A kind of familial moral hazard kicks in, as people fear their children will no longer look after them if they are insured.

随着很多人担忧若是他们投保之后他们的子女会将自己弃之不顾，一种类似家性的德危机开始蔓延。

The insurance companies are well aware of the problem called " moral hazard" .

保公司很清楚一个叫做“德”的问题。

They call it " moral hazard." Should there be amnesty for immigration violations?

他们称之为“德”。是否应该对违反移民规定的行为实行特赦？

These days, when economists talk about moral hazard, they're talking about what incentivizes certain behavior.

这些天， 当经济学家谈论德时，他们指的是什么激励了某种行为。

This is one side of the so-called moral hazard.

这是所谓德的其中一面。

No, this has any extraordinary moral hazard.

不，这没有任何特殊的德。

So moral hazard here is the problem.

所以这里的问题就是德。

But notice the existence of this moral hazard problem isn't only bad for the lender.

但请注意，这种德问题的存在不仅对贷款人不利。

People always talk about the moral hazards of cheating.

人们都说偷情会受到良心的谴责。

What we worried about with deposit insurance is moral hazard, right?

存款保我们担心的是德，对吧？

There are many forms of moral hazard in a bank.

银行中存在多种形式的德。

On the other hand, as we have seen, permissive interventionism creates a formidable moral hazard problem.

另一方面，正如我们所见，宽容的干预主义制造了一个严峻的德问题。

And we want to know how you might solve this moral hazard problem.

我们想知如何解决这个德问题。

For them, the moral hazard is not a bug, it's a feature, as the old saying goes.

对他们来说，德不是一个缺陷，而是一个特征，正如老话所说。

The root of these problems lies in the moral hazard problem that we discussed in Chapter 3.

这些问题的根源在于我们在第三章讨论过的德问题。

We think of poverty as a vice and we think of entitlements as a moral hazard for vice.

我们认为贫困是一种恶习，我们认为福利是一种针对恶习的德。

One commonly proposed solution to moral hazard is tougher regulation.

解决德的一个常见建议是实施更严格的监管。