Here's some food for thought from an analyst at the Ayn Rand Institute. The link will take you directly to the article.
The writer contends that the government has perpetuated the mentality that, if you build in a high-hazard area and the worst happens, the government will bail you out. He thinks it's time to alter that mentality with a free market in disaster prevention, insurance and recovery.
"No longer will government make disasters more disastrous by pretending that citizens have a right to defy the forces of nature at others' expense," he writes.
It's a hard line but worth a read.
Wednesday, April 30, 2008
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