Regional Business and Economics Newspaper

September 2001



Subsidizing sorrow

We call them acts of God, but the flood disasters of the past decade were caused, in part, by poor policy. Have we learned our lessons or are we making floods still worse?


Previous Issues

Floods

  • The failure of flood control
    Billions of taxpayer dollars have been spent on flood management and disaster relief, but flood disasters continue and costs keep climbing
  • Dam it all
    Dams and levees are the usual answer to flooding, but they're not always the right answer. So why do we keep building them?
  • Out of harm's way
    The new wave in flood control is getting rid of the problem: Us.
 

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Narayana Kocherlakota

Early Childhood Research at the Federal Reserve Bank of Minneapolis