[ExI] The history of a moral hazard?

[Dan TheBookMan]

https://mises.org/blog/how-feds-blocked-effective-flood-insurance

The short of it: federal interventions destroyed a private flood insurance market and created perverse incentives for development in flood plains.

Regards,

Dan
   Sample my latest Kindle book "Sand Trap":
http://mybook.to/SandTrap
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