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Finally, the biggest reason that moral hazard matters less than it might is that it can operate only if people actively countenance the possibility that their decisions could lead to complete disaster.
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The second category of benefit that G.D.P. not only fails to countenance but, according to Philipsen, actively destroys is social capital, which, as part of a gross-domestic-product regime, must be monetized or ultimately devalued.
Everyone has a right to life, so why should we kill one of our daughters to enable the other one to survive?" Their lawyer, Simon Taylor, said that while they understood the "dire prognosis without separation," they could not countenance either of their daughters' being "actively killed".
I couldn't countenance that.
Ryan has a sterner countenance.
Would Cameron countenance that?
His countenance quickly changed.
The scowling countenance!
You don't countenance any opposition".
But Mr Yanagisawa will not countenance that.
The regime refuses to countenance this.
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