Re: Re: Socialism Now

To: pen-l@xxxxxxxxxxxxxxxxxxx
Subject: Re: Re: Socialism Now
From: Michael Perelman <michael@xxxxxxxxxxxxxxxxx>
Date: Mon, 19 Nov 2001 15:44:09 -0800
User-agent: Mutt/1.2i

Chris, the Dutch led in financial innovations of all kinds.  Annuities
preceded insurance, I believe.  Shipping insurance preceded fire
insurance.

Fire insurance was considered to be a public service.  Ben Franklin worked
on introducing fire insurance in Pennsylvania, I believe -- working from
my defective memory.
 --
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael@xxxxxxxxxxxxxxxxx

References:
- RE: Re: Re: Re: Socialism Now
  - From: Max Sawicky
- Re: Socialism Now
  - From: Michael Perelman
- Re: Socialism Now
  - From: Chris Burford

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