[ExI] Why Cities Keep Growing, Corporations and People Always Die, and Life Gets Faster

[Stefano Vaj]

On 11 June 2011 17:00, Damien Sullivan <phoenix at ugcs.caltech.edu> wrote:

> If you define 'socialized' as "central planning", then Obamacare could
> be seen as a small step toward socialized health insurance.


Yes, but in principle I think that the very idea of "insurance" represents a
way to change risk into cost in a non-socialised sector.

If the risk is socialised, risks and costs are structurally one and the
same.

--
Stefano Vaj
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