Property as Philosophical Steel | The Hillebrand Series | Episode 10 (WiM069)
The "What is Money?" Show
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Limited Liability Companies
In a purely libertarian, hard money world, the failure rests with the actor. The person who carries the risk can abnigate it to some one else. Am and i don't think that that's a bad thing. If it were a bad thing, then insurance would be bad. A in voluntary the laveraging of risk, so toaa, transfer of risk. And again, there's an infinite amount of play room inside how we can structure these incentives while still being in the voluntary model. Ye.
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