First Lecture, The Definition of Probability, p. 18
Probability, Statistics And Truth - Second Revised English Edition - (1957)
“The whole financial basis of insurance would be questionable if it were possible to change the relative frequency of the occurrence of the insurance cases (deaths, etc.) by excluding, for example, every tenth one of the insured persons, or by some selection principal.”
First Lecture, The Definition of Probability, p. 26
Probability, Statistics And Truth - Second Revised English Edition - (1957)
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Richard von Mises 20
Austrian physicist and mathematician 1883–1953Related quotes
Source: The Invisible Bankers, Everything The Insurance Industry Never Wanted You To Know (1982), Chapter 9, Too Much Insurance, p. 155.
J'ai vraiment, un vrai bagage dans la tête. S'il y avait pour cela, comme il y a partout ici, des compagnies d'assurance, voilà un ballot je ferais assurer de suite.
Quote from a letter to James Tissot, (New Orleans, 1873), as cited in Marilyn Brown, Degas and the Business of Art: A Cotton Office in New Orleans (Penn State Press, 1994)
1855 - 1875
As quoted in Humanscape : Environments for People (1987), by Rachel Kaplan and Stephen Kaplan, p. 97
Source: The Invisible Bankers, Everything The Insurance Industry Never Wanted You To Know (1982), Chapter 3, You Can't Tell the Players, p. 39.
Source: The German State on a National and Socialist Foundation (1923), p. 55
Source: The Invisible Bankers, Everything The Insurance Industry Never Wanted You To Know (1982), Chapter 13, Gerber Life: Like Taking Candy From A Baby, p. 239.
“The nation … must sacrifice some present advantages in order to insure to itself future ones.”
Source: The National System of Political Economy (1841), Ch. 12
Source: Economics Of The Welfare State (Fourth Edition), Chapter 5, Insurance, p. 117
“Life insurance is a commodity.”
Source: The Invisible Bankers, Everything The Insurance Industry Never Wanted You To Know (1982), Chapter 13, Gerber Life: Like Taking Candy From A Baby, p. 235.