# Theory of insurance

- Canonical URL: https://www.gerhardmerk.de/theory-of-insurance
- Post ID: 590708
- Modified: 2023-07-25T21:12:21+00:00
- Language: en

## Definition

Taxes levied by the state on households and firms are a premium, as it were, for the fact that the state protects the payers and enables them to earn income. - See equivalence theory. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

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