> I wish we could go back to a time when everyone takes their own risks and has to do their own research
Apart from all of the other obvious things people have mentioned, what this hyperlibertarian perspective fails to take into account is externalities. I might have done my own toaster research, but did my neighbor? What happens when my neighbor doesn’t do his own toaster research properly and ends up burning down both of our apartments? Insurance can’t cover everything that will be destroyed.
I guess hyperlibertarian don't see the use of insurance either so this is a moot point. And they wouldn't live close to any neighbor (or rather, nobody would want to live close to them).
Apart from all of the other obvious things people have mentioned, what this hyperlibertarian perspective fails to take into account is externalities. I might have done my own toaster research, but did my neighbor? What happens when my neighbor doesn’t do his own toaster research properly and ends up burning down both of our apartments? Insurance can’t cover everything that will be destroyed.