No doubt we have both an economic and moral problem that cannot be overlooked much longer.
The moral problem for Bilbo is that the things which he possesses have come to possess him.
Why, she wonders, is this juxtaposition of wealth and poverty considered a moral problem and not a practical one?
As Nikki White's experience demonstrates, it's fundamentally a moral problem: We've created a health care system that leaves millions of our fellow citizens out in the cold.
"By building understanding I think we can get away from the idea that mental illness in young people is primarily a moral problem or a random disaster and try and move understanding more toward a rational direction, " said Prof Bullmore.
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It's an economic problem, a business problem and a moral and ethical problem.
Another thing worrying Congress is that bailing out banks that have made bad decisions will encourage them to take even greater risks in the future - the so-called moral hazard problem.
In other words the moral-hazard problem will be even greater.
The solution to this is deposit insurance but that solution comes with its own problem, moral hazard.
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In any case, the problem of moral hazard can never be eliminated, only suppressed (at a cost).
Importantly, as my FOMC colleague Gary Stern has pointed out, it would also mitigate moral hazard and the problem of "too big to fail" by reducing the range of circumstances in which systemic stability concerns might be expected by markets to prompt government intervention.
The most profound and serious indication of the moral implications underlying the ecological problem is the lack of respect for life evident in many of the patterns of environmental pollution.
No matter how useful, pleasant, legal, or logical, the rule of easy credit is a moral, cultural, economic, and political problem because it promotes and rewards fear avoidance on both a super-intimate and a socially comprehensive scale.
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This instigation of 'moral panic' can lead to an amplification of the problem.
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On cash, money should indeed change hands both for moral reasons (rich countries are largely responsible for the problem so far but poor ones will suffer most) and for practical ones (some poor countries do not have access to the capital they need to invest in mitigation).
Some of the new financial instruments also confront investors with a problem largely absent from traditional asset-backed securities: moral hazard.
The problem with the Democrats--they did not put other issues in the moral-faith prism.
In eliminating every potential problem, however, lawyers and administrators are squeezing important elements of life and learning, as well as moral and educational principles, out of the collegiate experience.
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