Posts Tagged smoking
I was recently at a party where some students were smoking. I’ve become quite a believer in the futility of telling people why they should not smoke. Sometimes, as I see people smoking, some of these arguments come unbidden, and I can’t help but indulge in the futile practice.
On this night, however, I was sorely tempted to say, “Don’t you know that if you take out life insurance, you will be paying smoking rates, even if you’re only a casual smoker.” But of course, these people were years away from caring about life insurance premiums.
I kept quiet. Clearly too much actuarial science has an adverse effect on the brain. Perhaps I should consider quitting actuarial science, maybe become a beekeeper, and try not to think about whether beekeepers have higher disability insurance premiums.
A little thought experiment
Imagine that you could buy suicide bags (as the name implies these are bags used to commit suicide) at your local supermarket and that in fact you are the owner of one such supermarket. You see that a lot of kids from the neighbourhood are buying these bags. As a good citizen you are naturally concerned, and so you ask one of the kids, one who had bought a bag just the previous day, “are you trying to kill yourself?” “No,” he replies, “we just like the feeling.” He also informs you that, actually, the bags are not that effective – they only kill some of the time, and sometimes you have to use more than one. You continue enquiring and find that, in fact, some kids have died, mostly ones who kept using the bags over and over. “Did they want to die?” you ask. “No, no, of course not. They just couldn’t stop, the kid answers nonchalantly.” Read the rest of this entry »