Comments on: Homework: ICBC should be Privatized http://mentalpolyphonics.com/posts/homework-icbc-should-be-privatized Committees exist to share blame. Mon, 14 May 2012 18:24:27 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Homework: ICBC Should Stay Public « MentalPolyphonics http://mentalpolyphonics.com/posts/homework-icbc-should-be-privatized/comment-page-1#comment-72723 Homework: ICBC Should Stay Public « MentalPolyphonics Tue, 16 Feb 2010 15:19:11 +0000 http://mentalpolyphonics.com/?p=10047#comment-72723 [...] ICBC were a private-sector monopolist, we would expect to see high prices and high profits. But ICBC is a public entity with no profit mandate and we observe the lowest prices for primary [...] [...] ICBC were a private-sector monopolist, we would expect to see high prices and high profits. But ICBC is a public entity with no profit mandate and we observe the lowest prices for primary [...]

]]> By: Jack http://mentalpolyphonics.com/posts/homework-icbc-should-be-privatized/comment-page-1#comment-72711 Jack Fri, 12 Feb 2010 19:20:42 +0000 http://mentalpolyphonics.com/?p=10047#comment-72711 I find situations with mandated insurance where that insurance is supplied by private vendors to be morally questionable. I don't want privatized health insurance, for example. ICBC spends money on preventing accidents, which no private insurer does. And I'm not really super concerned that driving a car is retarded-expensive and provides a lot of well-paying jobs. Also: can you provide an example of deregulation driving prices down? I find situations with mandated insurance where that insurance is supplied by private vendors to be morally questionable. I don’t want privatized health insurance, for example.

ICBC spends money on preventing accidents, which no private insurer does. And I’m not really super concerned that driving a car is retarded-expensive and provides a lot of well-paying jobs.

Also: can you provide an example of deregulation driving prices down?

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