Volume 4 · The Ledger and the Loom · Essay 226
Reverse Insurance
You may not know the name Reverse Insurance, but you know the thing. This page only introduces the two of you formally.
It is worth keeping in your pocket not because it is always right, but because it is always available. A tool you carry beats a perfect tool you left at home.
Strip it to the floor and you find an old instruction: look carefully, judge slowly, act decently. The new name exists because the old instruction keeps being forgotten.
Consider the chit fund in a small town. It survives not on contracts but on the shame of defaulting before neighbours. Reputation is the oldest collateral in India.
Money is a good clerk and a terrible master; the arrangement is entirely up to us. You will meet this idea again this week, wearing different clothes. Now you will recognise it.