They argue that a generous international bankruptcy procedure would worsen the problems of moral hazard, as default became an easy option.

ECONOMIST: The perils of global capital

We can see liberalism, as Haidt seems to, as a deviation from the default that tunes down the binding dimensions of the human moral sensibility.

FORBES: The Moral Default Setting: Liberal or Conservative?

Allowing Greece to default and remain in the euro would create a precedent that would increase moral hazard.

WSJ: Agenda: Greek Situation Is Most Serious of Latest Euro Crisis