The results showed Asian food becoming more popular worldwide. Chinese cuisine was the second-most popular in Mexico, and Japanese food entered Top 10 in five countries, including America and South Africa.
by Robin Schumacher. Moral relativism is a philosophy that asserts there is no global, absolute moral law that applies to all people, for all time, and in all places.
Moral Hazard is the idea that, under certain circumstances, individuals will alter their behaviour and take more risks. There is information asymmetry. Where one party holds more information than another. For example, a firm selling sub-prime loans may know that the people taking out the loan are liable to default.