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Did the Free Market burn down the house?
- ZeroGravitas 16y agoI was mostly agreeing until he compared fire services to lawn mowing companies. Fires are something you insure against, everyone pays a small fee up front, some percentage have a fire and the large cost is borne by the many small payments from all the people who didn't have a fire. It's not cost effective to pay $75 after you know your house is on fire, that's simply not enough to cover the service provided, and that's why you take out insurance. In any other insurance business, if you don't pay, they don't provide the cover. Is it really worse to have a house burn down than to have a child with untreated cancer? In certain cases people feel this is inhumane, so they legislate that everyone pays e.g. Fire, Police and Health Services in most of the globe. I found it strange that they felt the need to counter one misrepresentation of the facts with another.
- dnautics 16y agoI think he's saying you could do either. If you forgot to pay the $75, there's no reason why you shouldn't be allowed to pay $1000 to get the on-demand service, for example.