Difference between revisions of "Insurance Market Failures"
From Critiques Of Libertarianism
(Created page with "<!-- you can have any number of categories here --> Category:Market Failure {{DES | des = Many types of insurance cannot be offered privately because of a number of market fa...") |
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[[Category:Market Failure]] | [[Category:Market Failure]] | ||
− | {{DES | des = Many types of insurance cannot be offered privately because of a number of market failures or work poorly when they are offered. Unemployment insurance, old-age pensions, medical insurance, crop insurance, flood and other disaster insurance, etc. Then government should play a part. | show=}} | + | {{DES | des = Many types of insurance cannot be offered privately (or voluntarily) because of a number of market failures or because they work poorly when they are offered. Unemployment insurance, old-age pensions, medical insurance, crop insurance, flood and other disaster insurance, etc. Then government should play a part. Some types of insurance need to be mandatory because otherwise compensation for injury or damage will frequently be unpaid. | show=}} |
<!-- DPL has problems with categories that have a single quote in them. Use these explicit workarounds. --> | <!-- DPL has problems with categories that have a single quote in them. Use these explicit workarounds. --> | ||
<!-- normally, we would use {{Links}} and {{Quotes}} --> | <!-- normally, we would use {{Links}} and {{Quotes}} --> | ||
{{List|Insurance Market Failures|links=true}} | {{List|Insurance Market Failures|links=true}} | ||
{{Quotations|Insurance Market Failures|quotes=true}} | {{Quotations|Insurance Market Failures|quotes=true}} |