Mises Daily

Nowadays, Health Insurance Isn’t Really Insurance

Mises DailyJuly 30, 2015
Life insurance works well because insurance companies can weigh the risk of life-altering events against total payments made by the customer. But modern health "insurance" doesn't work that way and is really just a wealth-transfer scheme that now ignores risk and true costs...

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The War On Cash: Why Now?

Mises DailyJuly 29, 2015
Physical cash has long been problematic for governments because it allows people to avoid the banking system, which in turn can lead to tax avoidance and bank runs. It’s much easier to control an economy when all money must remain in banks...

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