Response to "How the World Ends" Video

Here.

Excerpt:

...He argues that one buys car insurance without actually knowing if he is going to crash his car, or how much such a crash might cost. If I had to summarize my response to Mr. Craven, I would retort "Yes, but you wouldn't pay $35,000 for car insurance if you only had a $30,000 car?" Costs matter a lot, as does the magnitude of risk. They can't just be shuffled off to the side.