This whole concept of the cat bonds brings to mind the part of Frances Burney's _Evelina_(1778) where the moral character of some young men is revealed by their orchestration of a race between two destitute old women. Taking bets on the distress & misfortune of others is a pretty damning act for individuals but when it's codified in an entire industry, that's really unsettling
This whole concept of the cat bonds brings to mind the part of Frances Burney's _Evelina_(1778) where the moral character of some young men is revealed by their orchestration of a race between two destitute old women. Taking bets on the distress & misfortune of others is a pretty damning act for individuals but when it's codified in an entire industry, that's really unsettling