Tag Archives: insurance

This Landslide Caused More Than One Phase Change

“This was a completely unforeseen slide…” – said no geologist or soil scientist A Phase Change is the transformation of a system from one state of matter to another. Think of ice cubes melting in your soft drink while water condenses … Continue reading

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Spontaneous Order In The School Day Cell Phone Storage Business

Two jawbreakers, a Slim Jim, a liter of sugar water, and my $700 cell phone, please (Uli Seit, for the New York Times) From the NYT: Queens Shops Get Financial Lift by Storing Cellphones for Students New York City’s public schools … Continue reading

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When, Exactly, Is a Driver Considered To Be “Working for Uber”?

 Navigating through a haze of liability issues (photo from The Daily Beast) From The Daily Beast: Uber and Its Enemies Americans seem to have trouble with entrepreneurial working arrangements that don’t fall neatly into the narrow category of a traditional employer/employee relationship. … Continue reading

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Federal Flood Insurance: A Rising Tide of Voter Demands

It’s not fair From the NYT: Popular Flood Insurance Law Is Target of Both Political Parties It seemed like a good idea at the time.  The Biggert-Waters Flood Insurance Reform Act of 2012 was intended to start charging homeowners actuarially fair premiums for … Continue reading

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Obama and Health Insurance: Lessons For the Future

Posted by Martin Markovich December 15, 2013 Barack Obama is not the first president to have trouble with his health insurance program. Many of us remember Bill Clinton’s difficulties, but previous examples include Richard Nixon and Harry Truman. The difference … Continue reading

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Moral Hazard In Tornado Alley

From the NYT:  Racing the Clock and a Storm: A Way of Life in Tornado Alley I liked Twister better as a movie There are two ways to minimize losses in a natural disaster: reduce the severity of the loss or … Continue reading

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The Looting of the U.S. Treasury Accelerates

From the New York Times: Federal Spigot Flows as Farmers Claim Discrimination Husbanding the U.S. Treasury used to be an honorable endeavor, but we’ve now sunk to a new low in giving away taxpayer funds to purchase votes. But there’s another … Continue reading

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Finally, a Clear Explanation of the Affordable Care Act (AKA Obamacare)

http://www.reddit.com/tb/vbkfm Reddit delivers the goods, again.

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The Case Against Credit Card “Payment Protection Insurance”

From the NYT:  Consumer Watchdog Fines Capital One for Deceptive Credit Card Practices The case against Capital One could be the first of many actions against lenders that are aggressively ramping up payment-protection insurance programs, consumer advocates say. The insurance, … Continue reading

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