Heterodox
From Robert P. Murphy’s Chaos Theory: Two Essays on Market Anarchy:“The insurance company makes its money by charging appropriate premiums, tailored to the individual client. If Joe smith has been deemed guilty in the past of violent behavior, his insurance premiums will be accordingly higher. But there are other factors that an insurance company would take into account when setting premiums, besides past behavior. And one of these factors would undoubtedly be: what sort of weapons does this...
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