3 Harry Browne Quotes on Risk

Harry Browne quotes on risk

14. Insurance is meant for extraordinary circumstances. You don't use car insurance to pay for oil changes or gasoline; you have it as protection in case you have a terrible accident or your car is stolen. You don't use homeowners' insurance to pay your electricity and water bills; you have it as protection in case a fire or other catastrophic event produces a large expense. Obviously, any insurance policy that promises to cover every small, ordinary expense is going to be much more expensive than one that covers only extraordinary expenses.

27. The free market punishes irresponsibility. Government rewards it.

39. You can't give the government the power to do good without also giving it the power to do bad - in fact, to do anything it wants.