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Insurance companies don't raise premiums in hopes of making you a safe driver, they do it because you're higher risk. That's the difference between social engi
by parineum 3y ago
Insurance companies don't raise premiums in hopes of making you a safe driver, they do it because you're higher risk.
That's the difference between social engineering (policies designed to produce an outcome) and market forces (policies reacting to changing environments).
Social engineering is a layer on top of market forces that rarely works as intended because people aren't very good at predicting the behavior/reaction of markets.
- ClumsyPilot 3y agoPeople that throw drinks at cyclists while driving aren't market. The idea that you can reduce all of society to market forces is preposterous. If you take you argument about 'social engineering' to it's logical conclusion, it would mean that we should not stop people from starting open pit fires in parks and causing wildfires, we should mandate vaccines, chlorinate water, have food safety standards and other idiosyncratic outcomes.
- parineum 3y ago> The idea that you can reduce all of society to market forces is preposterous. Good thing I didn't say that then. > If you take you argument about 'social engineering' to it's logical conclusion, Logical conclusion or comical extreme?