CoR #56

The latest edition of the Cavalcade of Risk is hosted by Michael Cannon at the Cato@Liberty blog.  Some of my favorite posts include:

  • The Million Dollar Journey blog talks about the advent of Critical Illness (CI) insurance.  This is similar to the contingent claims insurance contract which economists have advocated–but has been difficult to apply in practice–for many years.
  • What happens when a physician operates on the wrong side of a patient?  How do you fix these quality control issues.  Paul Levy explains.