William J. Siffin, BUREAUCRACY, ENTREPRENEURSHIP, AND NATURAL RESOURCES: Witless Policy and the Barrier Islands, 1 Cato Journal 291 (1981} A good, early review of the unintended consequences of the National Flood Insurance Program.
Category: Environmental Issues
Overwhelming Risk – Rethinking Flood Insurance in a World of Rising Seas
Union of Concerned Scientists Our coasts face growing risks from sea level rise. Today’s flood insurance system encourages development that increases these risks — and taxpayers nationwide pay the price. Sea level is rising and increasing the risk of destructive…
Climate Change and the National Flood Insurance Program – 1991
This study of the impact of relative sea level rise on the National Flood Insurance Program was authorized by Congress and signed into law on November 3, 1989. The requirements of this study as specified by the legislation are as follows:[…]