Matthew E. Kahn

California Should End the Residential Insurance FAIR Plan

The Los Angeles Times reports that the California FAIR Plan seeks to sharply raise rates. In this Substack, I will argue that the entire Plan should just be ended.

Reposts 0 3d

by Matthew E. Kahn

Reposted by: Matthew E. Kahn, Pierre-Olivier Weill

by Matthew E. Kahn

Substack

Natural Disaster Economics 101

25 years ago, I wrote my first natural disasters paper. Using cross-country data, I found that richer nations suffer a lower fatality rate from natural disasters. In short, economic growth facilitates resilience and adaptation.

Reposts 0 7d

by Matthew E. Kahn

Substack

The Benefits of Ending the National Flood Insurance Program

A classic question in economics asks whether the expansion of the federal government crowds out private sector activity. For example, when FDR introduced the Social Security program, did it reduce private savings among many households, as they anticipated not needing

Reposts 0 8d

by Matthew E. Kahn

Substack

Crazy Train

A Public Finance Discussion With No Mention of Ozzy Osbourne Large Federal Subsidies (perhaps 75%) for local transportation projects such as Big City rail transit systems and cross-city High Speed Rail create bad incentives as localities are likely to over-spend on projects that are unlikely to pass a cost/benefit test.

Reposts 0 9d

California Should End the Residential Insurance FAIR Plan

Natural Disaster Economics 101

The Benefits of Ending the National Flood Insurance Program

Crazy Train

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