 |
I
f you’re like most Americans, you eat too much at all-you-can-eat
buffets. With auto insurance, it’s no different. Drivers who are
similar in all respects–age, gender, driving record–pay roughly the
same premiums whether they drive 5,000 or 50,000 miles per year, even
though the likelihood of a collision increases with each mile. This all-you-can-drive–pricing scheme imposes significant costs on
society: more traffic accidents, congestion, air pollution, greenhouse
gas emissions, and dependence on oil.
Please log in to read the rest of this article
and have FREE access to all Democracy content.
|
|
|
|
 |
|
Jason Bordoff is the policy director of the Hamilton Project at the Brookings Institution.
The Lion at Rest
Thomas Oliphant: Ted Kennedy's greatness lay in his surprisingly rigorous self-awareness.
Out of the Rubble
Amy Wilentz: Do we create more caring communities in the wake of natural catastrophes? Depends on what "we" you mean.
The Courage of Our Contradictions
William Galston: A new liberalism must reflect not only on our permanent beliefs, but also on many Americans' reservations about them. A response to E.J. Dionne, Jr.
Clinton's Foundations
Matthew Cooper: Bill Clinton acted on principle far more often than you may think.
German Lessons
Clay Risen: Should progressives frustrated with our democracy pine for a parliamentary system? In a word—nein.
That Old College Lie
Kevin Carey: Are our colleges teaching students well? No. But here's how to make them.
The Next War on Poverty
Peter Edelman: Conventional wisdom aside, some '60s-era inner-city programs have been a success. Now it's time for Obama to launch phase two.
Federalism and Its Discontents
Greg Anrig: The states are drowning. The best life-preserver that Washington can throw at them is to take over Medicaid.
The Cairo Conundrum
Shadi Hamid: Egypt is the linchpin to America's Middle East policy—a policy that must make interests reinforce ideals, rather than conflict with them.
Obama Proposes Consumer Financial Protection Agency
News: President Barack Obama has proposed the creation of a Consumer Financial Protection Agency, an idea first written about in Democracy.
Michael Tomasky to Become Editor of Democracy
News: Michael Tomasky, a highly respected writer and editor with more than 20 years' experience covering American politics and helping to define and update progressive ideas, will join Democracy: A Journal of Ideas as its Editor.
|
|
