501 karma · joined May 16, 2010
http://hnofficehours.com/profile/int3/
Obviously I'm ignoring variance in this calculation, but you can easily adjust the numbers to give a margin of safety.
Sure, but the likelihood of that is low enough that insuring against that isn't worth it for most people
> But my message was about the general principle of insurance being the very thing your comment was against. The situation where the vast majority of people pay some cost of which only a few need to utilise.
No, the principle of insurance is that people pay to hedge against some event that has a reasonable likelihood of happening to them at some point. Whether it's a majority or a minority paying for it is not central to the concept of insurance.
Re #2: it's obvious that most people aren't the most objective when it comes to their offspring. That's why we should have policies that discourage overallocating resources to an unqualified child of a rich parent.
Finally, "personal property" is a construct of law. Something is yours because society has decided it's yours. If the laws change, and if you can't physically defend your property, then it's not really yours any more, is it?
Moreover, passing on generational wealth shouldn't be a feature we want to make easier. You don't want a to push society in the direction where generational wealth is required to live a good life.
Not sure I'll have much time to work on OSS in the foreseeable future, but it would certainly be nice to work together again.
I'm quite proud of the little test I wrote to figure out which DOM APIs could be used to detect the visibility of different kinds of elements, in order that we could display link hints correctly: https://github.com/philc/vimium/blob/master/test_harnesses/v...