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A comment on Pennsylvania factory team clocks out after 28 days of live-in work for masks. Parent comment

Re:Pennsylvania factory team clocks out after 28 days of liv... by xenophon on Thursday April 23, 2020 @01:41PM (#22958603)
The issue here is moral hazard. Yes, buying insurance is bad if it disincentivizes you to work your hardest to prevent the outcome that you're insured against.

Not saying that everyone with a bunker falls into this category. But it's certainly true that when the best resourced and connected among us have the means to withdraw comfortably, their aggregate effort to remedy whatever is causing the disruption will diminish.

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Re:Pennsylvania factory team clocks out after 28 days of liv... by ThrowawayR2 on Thursday April 23, 2020 @01:57PM (#22958794)
> "Yes, buying insurance is bad if it disincentivizes you to work your hardest to prevent the outcome that you're insured against."

Most people here have home fire insurance coverage but don't have extinguishers (or haven't checked them in years), sprinklers, or a fire safe. So is fire insurance coverage bad?

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Re:Pennsylvania factory team clocks out after 28 days of liv... by ben_w on Thursday April 23, 2020 @02:24PM (#22959213)
”if”

Fire risks the loss of things that insurance cannot replace, such as your face, dog, or offspring.

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Re:Pennsylvania factory team clocks out after 28 days of liv... by ericd on Thursday April 23, 2020 @11:51PM (#22964448)
So does social unrest in the country you grew up in and have lived your entire life. This whole thread is bizarre.
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Re:Pennsylvania factory team clocks out after 28 days of liv... by ben_w on Friday April 24, 2020 @02:50AM (#22965332)
Good point.

I think the fear is of billionaires using money to save the bits they want by running away rather than the bits you want by fixing the society.

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