@GabrielDuquette Insurance companies seem to be deadweight loss?
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Replying to @drethelin
@drethelin@GabrielDuquette That assertion seems to be common wisdom, which baffles me because it's manifestly wrong.1 reply 0 retweets 0 likes -
Replying to @drethelin
@drethelin Which is stupid; profit is the signal by which corporations orient themselves. W/o profit, deadweight loss expands without limit.2 replies 0 retweets 0 likes -
Replying to @drethelin
@drethelin Insurance manufactures enormous amounts of wealth from thin air via pooling and thus offsetting global risk.2 replies 0 retweets 0 likes
Replying to @drethelin
@drethelin Actually existing health provision in the US is a hellish worst-of-all-possible-systems, mind.
5:28 PM - 16 Jan 2013
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. Banned in Sweden. SubGenius, Zhuangist, white-hat troll. Defrocked mathematician. Brain problems.