The “Moral Hazard” of Insurance

In the insurance industry, the idea that the protection insurance offers the consumer promotes a more reckless attitude on the part of said consumer is referred to as “moral hazard”. Apparently, since we have the material possessions in our homes insured against burglary, we are less likely to lock our doors for example. While I [...]

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Immigration

I think my feelings on illegal immigration have at last reached critical mass. Arizona’s new social travesty masquerading as a Law is akin to punching Lady Liberty in the bread box. I am ashamed to share a nationality with these people.
No illegal immigrants are taking jobs from “us”. There is no “us” and “them”. There [...]

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Allocation and Consequence

This weekend, I found the consequences of a hawk catching a pigeon in my driveway. It basically looked as though a grenade had blown it to pieces.  There were about a hundred and fifty feathers spread all over, strangely, there was not much red in the picture. This led me to a few thoughts on [...]

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