Friday, December 13, 2013

A FIRE economy is any economy based primarily on the Finance, Insurance, and Real Estate sectors. The origins of the term are unclear. Barry Popik describes some early uses as far back as 1982. Since 2008, the term has been commonly used by Michael Hudson and Eric Janszen. It is New York City's largest industry and a prominent part of the service industry in the U.S. overall economy and other Western, developed countries. see more on wikipedia.

Free Market Solutions in Insurance

Property and casualty (P&C) insurance 個人的なラインで構成されています (自动/私人载客和房主), commercial lines (farm, automobile commerciale, aviation, workers’ compensation, etc.), Berufshaftpflicht (directors and officers, ข้อผิดพลาดและการละเว้น), product liability, commercial multiple-line, nuclear, სათაური, and surplus and excess assicurazione linee.

SAD vodi svijet u pružanju. P&C insurance, with U.S.ფირმების შეგროვება  some 43.4 percent of worldwide P&C palkkioiden. 日本 (at 10.3 percent) and Deutschland (8.8 percent) trail well behind. Mukaan Yhdysvaltain Census Bureau, in 2004 there were approximately 19,800 собственост и аварии превозвачи in the U.S. employing 609,000 workers.
O ambiente regulatório atual for property insurance is characterized by heavy-handed regulation at både statliga och federala nivåer. Consumers suffer when regulations für eine andere Ära angemessen zu reduzieren Wettbewerb, discourage innovation, and limit choices. 우리는 세계를 추구 where insurers are free to sell the products vogliono vendere, consumers are free to buy them, and sert d'assurance a crucial risk-management and safety-promoting function that in ხშირ შემთხვევაში, რაც პოლიტიკური ჩარევა in individual affairs unnecessary.

Risk-Based Rates

Insurance works best when rizikos lemia kainos. Forty-eight states, however, оказывать некоторую степень контроля над ставками P&C insurance companies can charge. Algunos estados requieren la aprobación previa de todas las tarifas, others grant insurersum maior grau de liberdade in setting rates but still require insurers to inform state myndigheterna i de kurser (called “use-and-file” laws). Privilegiamo la libertà nella misura massima possibile. We also believe insurers bi trebalo biti dopušteno da koriste geographic location, credit scores, 相关的其他相关数据风险来设定利率.

Freedom to Innovate

Within broad guidelines určená k prevenci podvodů, insurers should be able to selja vöru they want to and consumersturėtų būti laisvai pirkti bet kuris produktas, jie nori. Government interferes con la libertad para innovar when it sells products itself or liedz produktu pārdošanu. Mercati assicurativi residui should not be expanded beyond et minimum “market of last resort,” and eine andere staatliche Anstrengungen to provide insurance or reinsurance se debe mantener al mínimo. An optional federal charter ќе им овозможи на осигурениците да поднесе and charge rates nationally without indokolatlan korlátozása.


Longstanding federal, state, and politiche locali hanno incoraggiato lo sviluppo to occur in disaster-prone and often էկոլոգիապես զգայուն վայրերում. Risk-based insurance rates offer the surest, самы бяспечны маршрут да змякчэння damage claims and producing overall sigurnije izgrađeni okoliš. Government should stop subsidiëren ontwikkeling in environmentally sensitive areas, удалить правительством построен физической инфраструктуры (shipping channels in particular)أن زيادة خطر جسدي, and restore coastal wetlands on ardhi inayomilikiwa hadharani.

Free Market Solutions in Finance

Die Finanzindustrie consists of banks, thrifts, credit unions,aktsiaturgudel, futures and options markets, andинвестициски фирми . (Insurance and real estate tiek risināti atsevišķi turpmāk.) Congress has been active in superviser le secteur financier, yet attacks on investment firms and långivere har blitt dagligdagse hendelser as politicians seek to assign blame for 国家的经济衰退 on “speculators” and demonstrate they are “radi nešto” about it.
金融崩壊後 of 2007-2008, governments greatly expandedihre Einmischung in die Finanzmärkte, bailing out and subsidizing някои фирми while imposing considerable and inutile de reglementare costs and uncertainty on investitorilor și altor furnizori de servicii financiare. Heartland is working to mencabut peraturan yang tidak perlu and fend off new regulations andtaxes discriminatoires sur les services financiers . A free-market approach to questions de politique publique in finance focuses on six key ideas:

Freedom of transactions

デリバティブ商品, including futures and options, Magna lacus ut curo periculo and they produce enormous economic benefits to businesses, investors, consumers and even the government. Imizamo yokuvimbela ngenkululeko zimali and investment managers to come together para descubrir y utilizar nuevas formas de transacciones mutuamente beneficiosas no debe ser limitado por las regulaciones gubernamentales. The government should not monitor or Imposto sobre Operacións Financeiras except to the extent necessary to deal con forme gravi di criminalità. We oppose Dodd-Frank as kobojumu, ineffective, and rheoleiddio hynod feichus. We oppose effortsáp đặt thuế giao dịch and other discriminatory taxes on the financial industry, wie der Carried Interest Fairness Act 2012., Wall Street Trading andSpekulánsok szóló törvény , and ClosingDerivati ​​Blended Valuta scappatoia Act.


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