This is just plain stupid; it violates the entire point of insurance and will result in people gaming the system. It tries to solve a problem by dealing with the symptom.
You can’t blame everybody for a few radical lunatics with hatred in their hearts
Must read. h/t @toddsullivan
At my first meeting with HubSpot, they told me about one of their customers, a company that used to spend $800,000 a year running newspaper ads but now spends $12,000 a year for a subscription to HubSpot and gets better results. My first thought was, “So you’re the bastards who are killing my industry.” My second thought was, “Hey, are you hiring?
Substance without swagger slows you down. But swagger without substance can be fatal. Right now, we’re seeing more swagger than ever—but it’s rarely accompanied by an increase in substance…
The purpose of strategy—or business or business education—is not about coping with competition–i.e. a contest in which a winner is selected from among rivals. The purpose of business is to add value for customers and ultimately society.
We believe putting customers first is the only reliable way to create lasting value for shareholders.
Lots of companies talk the talk, but Amazon delivers - and it works.
“Ask some questions almost like a child. Explain to me how increases in paper pieces can possibly make a society richer. If that were the case, explain to me why is there still poverty in the world? Isn’t every central bank in the world capable of printing as much paper as they want?”
Economist Hans Hermann-Hoppe rips Paul Krugman on Money Printing 01-10-13 (by PenguinProseMedia)