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Federal Flood Insurance Drains Taxpayers

Audio Mises Wire

Tags Bureaucracy and RegulationCronyism and CorporatismEconomic PolicyTaxes and Spending

11/13/2023Stephen Anderson
Narrator: 
Millian Quinteros

Federal flood insurance was created ostensibly to provide insurance to people who live in flood-prone areas. Not surprisingly, it subsidizes bad home-building decisions and wastes billions of dollars.

Original Article: Federal Flood Insurance Drains Taxpayers

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Author:

Contact Stephen Anderson

Stephen is a graduate of The University of Texas at Austin and lives in Texas.
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Original Article: 
Federal Flood Insurance Drains Taxpayers