Olsztyn, Poland

Banking and Insurance

Bankowość i ubezpieczenia

Language: Polish Studies in Polish
Subject area: economy and administration
University website: www.osw.edu.pl
Insurance
Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.
Banking
The best way to rob a bank is to own one.
Title of a book by William K. Black (2005)
Insurance
It is true that the theory of our Constitution is, that all taxes are paid voluntarily; that our government is a mutual insurance company, voluntarily entered into by the people with each other; that each man makes a free and purely voluntary contract with all others who are parties to the Constitution, to pay so much money for so much protection, the same as he does with any other insurance company; and that he is just as free not to be protected, and not to pay any tax, as he is to pay a tax, and be protected.
Lysander Spooner, No Treason (1867–1870), No. VI: The Constitution of No Authority (1870), pp. 12–13.
Insurance
Should any political party attempt to abolish social security, unemployment insurance, and eliminate labor laws and farm programs, you would not hear of that party again in our political history.
Dwight D. Eisenhower in: Joe Soss, et al., Remaking America: Democracy and Public Policy in and Age of Inequality, Russell Sage Foundation, 8 November 2007, p. 149.
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