68. Economist Dr Cameron Murray - Scrapping Super, Affordable Housing, Inflation and Political Corruption
Aussie Firebug
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Do You Think Self-Insuring Is Better?
Insurance is very efficient and effective way to reduce your losses. But you're still going to get insurance because it's better than self-insuring. The fact that you ensure with companies that ensure crazy people shows that you think pooling your resources is better than going it alone. It's just almost a restatement of the savings is virtuous philosophy, right?
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