Americans Learned a Lesson About Interest Rates. Washington Has Not.
Higher rates lead to more debt, and more debt begets higher rates, and on and on. Get the picture?
Insurance
Subsidized Flood Insurance Makes Storm Damage Worse
It's high time for Congress to end a program that routinely goes into debt providing subsidies to wealthy people living in high-risk areas.
California Regulations Prevent Insurers From Accurately Pricing Wildfire Risk, so Now They're Fleeing the State
California homeowners are finding out that government-imposed market distortions cannot be maintained forever.
Wealthy Connecticut Residents Received Millions in Federal Dollars After Hurricane Sandy
It shouldn't be the federal government's responsibility to protect wealthy homeowners from the inevitable.
As Private Space Travel Grows, so Will the Insurance Market
One insurance company started offering a space travel policy last year.
Could Failure to Inform Insurer of Affirmative-Action Lawsuit Cost Harvard $15 Million?
Pro-tip: If you are sued, and you expect your insurer to pick up the bill, it is a good idea to give them timely notice.
Here's What the Media Get Wrong About Hurricanes
No, a big storm does not require big government.
Federal Drug Laws Force Pot Shops To Carry Lots of Cash and No Insurance. Now They're Getting Robbed.
Despite state legalization, federal prohibition makes break-ins harder on marijuana shops and manufacturers.
Here's Why a Federal Paid Leave Program Would Be a Bad Deal for Many Workers
Studies show that support for mandated paid leave drops when employees find out what it costs them in take-home pay.
Biden's 'Climate-Resilient Economy' Roadmap Is Largely Superfluous
Businesses, investors, and markets are already adapting to climate change without federal help.
House Democrats' Housing Bill Includes a $20 Billion Bailout of Federal Flood Insurance
A bill intended to make America's housing stock more climate-resilient also includes a big effective subsidy for the properties most exposed to the risks of climate change.
Democrats Plot Huge New Federal Health Program as Part of $3.5 Trillion Budget Plan
Plus: Steven Horwitz's economic theories, Hawaii cops sued over fatal shooting, and more...
When the Government Makes Wildfires Worse
Federal policies are subsidizing people's choices to build homes in harm's way.
A New Report Casts Doubt on Both Fears and Hopes About the Consequences of Abolishing Qualified Immunity
A Connecticut law that made it easier to sue abusive cops is not expected to have a noticeable effect on municipal insurance costs.
Dozens Died in California Wildfires. Why Is the State Forcing Insurance Companies To Ignore Risks?
The state's insurance commissioner forbids the canceling of policies for homes in risky areas.
Can Fire Insurance Manage Wildfire Risks in California?
The state's wildfire conundrum: overgrown forests, climate change, and more people living in the woods
Supreme Court Orders Government To Fund $12 Billion Obamacare Bailout
The ruling says health insurers are owed money that Congress never appropriated.
California Politicians Double Down on Encouraging People To Live in Wildfire-Prone Areas
The Renew California legislation introduced yesterday would force insurance companies to renew insurance policies in wildfire zones.
California's Wonky Insurance and Land Use Regulations Make the State's Wildfires Deadlier and More Destructive
The state has made it exceedingly difficult to build in fire-safe cities, while also making insurance rates in high-risk areas artificially cheap.
California Follows the Disastrous Flood Insurance Path to Fire Insurance Fiasco
If market-rate wildfire insurance is too expensive for homeowners, maybe that's telling us something about the risks of living amidst pretty tinder.
A Law and Order Candidate Is Indicted for Committing a Crime
The man behind the "Deportation Bus" said he wanted to round up criminals. Looks like he should have started with himself.
California Wildfires Destroy Homes and Lives. Why Do Regulators Encourage Building in Fire Zones?
A toxic mix of bad insurance regulations and bad housing regulations ensure Golden State residents will continue to return to fire ravaged areas.
Senate Votes to Extend Federal Flood Insurance Funding
It's a regressive, debt-ridden program that transfers wealth from regular Americans to the rich.
How New York Strangled Its Mom-and-Pop Rental Car Companies
Why does an economy car rent for an astonishing $161 per day in Manhattan? Because onerous insurance laws cartelized the industry.
Federal Prohibition Left California Cannabis Farmers Without Insurance or Banks When Wildfires Struck
The cannabis industry has been cut off from access to the banks and insurance companies other businesses can rely on to get them through disasters.
Longevity Predictor Test: How Old Are You Really?
Should your life insurance company be prohibited from requiring you to take the test?
'Free' Abortions for Everyone in Oregon
Anchoring abortion access to the insurance market won't make it more affordable. But it will result in a lot of legal drama...
The Case Against National Medical Malpractice Reform
Medical tort reform is overrated. And it's probably unconstitutional.
What Does It Mean to Have a 'Right' to Health Care?
If universal access to medical care is the goal, the government is the goalie. It should get out of the way.
If You're Not Driving, Then You Shouldn't be Liable for Accidents in Self-Driving Cars
Fewer and less destructive accidents also mean lower overall liability costs
California Push for Coal Divestment Mostly About Politics
Insurance commish wants companies to "voluntarily" divest from coal
Warren Buffett's Deals Come at Taxpayers' Expense
How did Warren Buffett get his property so cheap? Simple! You paid for it.
