A counter-example: think about tainted food. When you unknowingly buy and eat tainted food, you get screwed. When you don't get insurance, everyone else is scre

A counter-example: think about tainted food. When you unknowingly buy and eat tainted food, you get screwed. When you don't get insurance, everyone else is screwed. That's why tainted food is a classical case for information, not regulation. Just stick an ol' label explaining that it contains dioxin, and let the free market decide. Of course, that's not what happens. So the harm limited to self argument does not apply.