Quote of the day
What the insurance companies have done is to reverse the business so that the public at large insures the insurance companies.
Mancur Olson
Born: January 22, 1932
Died: February 19, 1998 (aged 66)
Bio: Mancur Lloyd Olson, Jr. was an American economist and social scientist who taught economics at the University of Maryland, College Park.
Known for:
- The Logic of Collective Action (1965)
- The Rise and Decline of Nations (1982)