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" "My mother cannot learn to have any reliance upon my financial judgment or promises. It's partly, I suppose, because she still thinks of me as a child...She even hesitates to let me have the responsibility of bringing up butter from the spring(house), for fear I won't do it quite right!...This unaccountable daughter who roams the world, borrowing money here and getting shot at there...is a pride, in a way, but a ceaseless apprehension, too.
Rose Wilder Lane (December 5 1886 – October 30 1968) was an American journalist, travel writer, novelist, and political theorist. Although her mother, Laura Ingalls Wilder, is now the better known writer, Lane's accomplishments remain remarkable. She is considered a seminal force in the founding of the American Libertarian Party.
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When a free person buys insurance from a private company, the company has a profit-motive in remaining solvent, and the government uses it police power properly to enforce the carrying-out of the terms of the contract freely entered into. But when government uses police power to compel a person to buy government insurance, there is no profit motive, and there is no third party existing, to enforce the terms of the contract. It seems to be a most precarious venture, at best.
How thoroughly have you studied compulsory insurance in Germany? And why do you believe that it will work here otherwise than it worked there? I would really like to know. My own opinions haven’t ripened yet. So far, I am opposed to so-called ‘Social Security’ principally because I am opposed to tyranny; I think it is tyranny to take my money, money earned by my labor, and to spend it for me—in any way whatever—instead of allowing me to send it for myself. But so far as I have learned, and thought, about this use of tyranny in Germany since Bismarck established it, I’m inclined to believe that it can’t work otherwise than as disastrously as it worked there.