Matthew Yglesias

@mattyglesias ↗

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Last Checked Dec. 23, 2022

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Tue Dec 20 02:43:40 +0000 2022

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Matthew Yglesias @mattyglesias

Of course the best solution was getting houses to stop catching fire so much in the first place — what was everyone doing in the seventies? https://t.co/mM5shTX7A6 — PolitiTweet.org

Posted Dec. 20, 2022

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Matthew Yglesias @mattyglesias

Right! The system was unworkable not because private fire insurers let uninsured buildings burn, but precisely because they *didn’t* let them burn (fires spread) generating free-riding problems. — PolitiTweet.org

TIL that market-based fire insurance companies had always instructed their fire brigades to put out any fire, inclu… https://t.co/lc4QxM3x2v

Posted Dec. 20, 2022

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Matthew Yglesias @mattyglesias

@mtaibbi When was that? — PolitiTweet.org

Posted Dec. 20, 2022