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America's social security system insulates individuals against the vagaries of the market and inflation, providing a form of insurance that the private market does not offer.
New financial instruments had been intended to spread risk and insulate individual institutions; in fact it led to contagion.
There's also an argument to be made that indemnification insulates individual actors from any real accountability.
Competitive Bidding Some legislators say the only way to lower Medicare's payments is to bypass the political process altogether, to insulate individual politicians from blame.
BETTER than most dense communities," White wrote of New York, "it succeeds in insulating the individual (if he wants it, and almost everybody wants or needs it) against all enormous and violent and wonderful events that are taking place every minute".
As usual, that transformed alien, E. B. White, said it best: "New York blends the gift of privacy with the excitement of participation; and better than most dense communities it succeeds in insulating the individual... against all enormous and violent and wonderful events.... "I am not defending New York in this regard.
The political principle that follows from this approach is that social institutions should provide bedrock insurance to insulate all individuals from catastrophe and hard luck.
"The domestic energy market is more insulated against individual price movements, due to the hedging strategies," said Constant.
Quotas " 'impose a fixed number or percentage which must be attained, or which cannot be exceeded,' " and "insulate the individual from comparison with all other candidates for the available seats".
Powell ruled that "race or ethnic background may be deemed a 'plus' in a particular applicant's file, yet it does not insulate the individual from comparison with all other candidates for the available seats".
