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re: Does insurance violate the basic laws of economics?

Posted on 3/1/24 at 10:14 am to
Posted by DCtiger1
Panama City Beach
Member since Jul 2009
8886 posts
Posted on 3/1/24 at 10:14 am to
Assuming that would completely invalidate your argument.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37333 posts
Posted on 3/1/24 at 10:19 am to
quote:

Assuming that would completely invalidate your argument.


Not at all.

My argument isn't about the ignorance of benefit knowledge.

My argument is that the basic theories of economics don't apply here.

Sure seems like insurnace, more than any other product or services, ends up being litigated for "non-performance".
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