26 Matching Annotations
  1. Mar 2021
  2. Dec 2020
  3. Oct 2020
    1. Anomie (/ˈænəˌmi/) is a "condition in which society provides little moral guidance to individuals".[1] It is the breakdown of social bonds between an individual and the community, e.g., under unruly scenarios resulting in fragmentation of social identity and rejection of self-regulatory values.

      I can't help but see this definition and think it needs to be applied to economics immediately. In particular I can think of a few quick examples of economic anomie which are artificially covering up a free market and causing issues within individual communities.

      College Textbooks: Here publishers are marketing to professors who assign particular textbooks and subverting students which are the actual market and consumers of those textbooks. This causes an inflated market and has allowed textbook prices to spiral out of control.

      The American Health Care Market In this example, the health care providers (doctors, hospitals, etc.) have been segmented away from their consumers (patients) by intermediary insurance companies which are driving the market to their own good rather than a free-er set of smaller (and importantly local) markets that would be composed of just the sellers and the buyers. As a result, the consumer of health care has no ability to put a particular price on what they're receiving (and typically they rarely ever ask, even more so when they have insurance). This type of economic anomie is causing terrific havoc within the area.

      (Aside: while the majority of health care markets is very small in size (by distance), I will submit that the advent of medical tourism does a bit to widen potential markets, but this segment of the market is tiny and very privileged in comparison.)

  4. Sep 2020
    1. That’s what happened in Florida. Hurricane Andrew reduced parts of cities to landfill and cost insurers nearly $16 billion in payouts. Many insurance companies, recognizing the likelihood that it would happen again, declined to renew policies and left the state. So the Florida Legislature created a state-run company to insure properties itself, preventing both an exodus and an economic collapse by essentially pretending that the climate vulnerabilities didn’t exist.

      This is an interesting and telling example.

  5. Aug 2020
  6. Jun 2020
    1. We are an international financial and emigration services organisation

      Alexander Beard Group - International financial emigration services organisation, from life insurance, pensions to investment, we can help you in South Africa, USA, UK & France

  7. Feb 2020
    1. Every mortgage settlement requires at least two parties—the lender and the borrower. Nearly all mortgages, however, also involve various third parties.

      Annotation text

  8. Sep 2019
    1. But sustained Saudi outage of several million daily barrels would rattle markets, because of the lack of other players big enough to step in and provide enough supply to cover the shortfall longer term. Even if Saudi officials were successful in restoring all or most of the lost production, the attack demonstrates a new vulnerability to supply lines across the oil-rich Gulf. Tankers have been paying sharply higher insurance premiums, while shipping rates have soared in the region after a series of maritime attacks on oil-laden vessels, which the U.S. has blamed on Iran.
  9. Dec 2018
    1. How Mobile App is Redefining your Insurance Business

      Mobile Apps have risen as the game changer for the insurance industry across the globe. Today insurance companies are no longer rely entirely on popular channels such as brokers and agents to attract their potential customers. Also, business leaders recognize the need to combine technology into their sales mix with mobile apps in the insurance industry.

    1. Looking for cheap car insurance in Virginia should be carefully reviewed. Buying an car is expensive and you will be tempted to compensate the expense with cheap insurance. Cheap car insurance will result in being cost effective at the time of accident. You should buy inexpensive car insurance that gives you the compulsory minimum cover requisite in the Commonwealth of Virginia, the important covers to take care of your major expenses during an accident, and eliminates minor covers that may saddle you with a hefty premium payment. This will give you the satisfaction of driving a car with the support of adequate car insurance.
    2. Cheap Car Insurance in VA

      Virginia Car Insurance Laws The state of Virginia is unique among all other states when it comes to auto insurance requirements because it is possible to avoid having to buy and maintain a liability policy for price. Considered a bribe to the state by many, a UMV (Uninsured Motor Vehicle) fee of $500 may be paid to the state on a yearly basis which provides no coverage, but allows you to drive on the highways and roads at your risk. Not exactly a wise move in the current lawsuit-happy society that is USA, for those who wish to get real financial protection for themselves, the state also mandates minimum levels of liability insurance requirement that you can get Virginia insurance quotes for as well.

  10. Oct 2018
    1. Car Insurance Agents Arizona Vehicle proprietors know how crucial it’s on their behalf to enroll in the best Arizona car insurance. This is not merely in compliance using the local condition rules within the places where they reside, getting a great Arizona car insurance package will even help give them the best security back-up just in case they may finish being involved with any untoward traffic incident because they drive along. You will find numerous firms around that provide Arizona car insurance, thus it’s not a real challenge among certainty consumers to locate a provider around that may give them the particular services they need. However, the actual challenge is based on them selecting the best Arizona car insurance package that perfectly suits their vehicle certainty needs to ensure that come time once they will need it, they already know they’ll be obtaining the right degree of assistance. Though many people would rather get their phones and register using the first Arizona car insurance provider that they’ll consult with, there’s much more about obtaining the right firms than simply creating a couple of calls. If a person really aims to acquire believe it or not compared to best Arizona car insurance services, then necessary work is needed. And something can also be likely to invest ample amount of time in identifying the best people to utilize. You ought to determine in advance the kind of Arizona cheapest car insurance he want to acquire. What this means is identifying in advance the particular provisions and services that’ll be provided by the Arizona car insurance plan he would need to obtain. This can make certain that whenever he’s registered for that service, they know he has particularly selected something which will give you the kind of service he requires. It’s also essential that people determine the particular cost range that they’re prepared to invest the monthly rates that they’ll be needed to cover the Arizona car insurance. It is vital that they determine these figures lengthy before they put down so they already know they’ll have the ability to easily purchase such another accessory for their monthly expenses without always leading to unnecessary effect for their overall budget. After they have determined these factors, their next thing is to locate the particular Arizona car insurance companies around who is able to offer such terms and charges for them. This is an excellent method of shortening their email list of prospects that they’ll have to consider given that they can easily discard using their options individuals firms that don’t suit the needs they have determined in advance. It is usually best when they get to talk with reps from all of these Arizona car insurance personally. Having the ability to talk to a real individual who knows much concerning the services provided by the provider is extremely convenient for vehicle security plan consumers given that they can get to directly address their questions as well as their queries to someone who possess the way to obvious such issues on their behalf. After they have made the decision regarding which Arizona car insurance provider they wish to register with, vehicle proprietors are suggested to see everything that’s been printed around the agreement papers which have been presented to them. They’ll think it is simpler to know the conditions and terms from the agreement when they elevated individuals issues first and also have them addressed before affixing their signature in to the documents.