In a wonderful titled piece (The Only Thing We Have to Fear is the Fear of 'Moral Hazard'), Owen Thomas wrote: The worry is that bailouts will be bad for us in the long term. But in the long term, as one sage noted, we are all dead. We can ...
Tracking coverage of the bushfires in Victoria over the past week, one story's niggled at my logic systems. Insurers count the cost of fire devastation - SMH, February 13. The insurance industry said Government intervention after such disasters did not help reduce the strain on the industry and contributed to a ...
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