Insurance, when prices are based on risk, sends clear signals about the relative safety of behaviors and can alter consumer choice for a safer and more stable society. But when certain parties seek protectionist policies to socialize risk, responsible people end up paying for the risky choices of others.

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Fish Enough for All

Ron Arnold alleged yesterday that Jane Lubchenco and the bureaucrats at NOAA are killing the New England fishing industry.  Averse as I am to…

Insurance