Quote Originally Posted by Seamus Fermanagh View Post
Take flood insurance. Government underwrites most of it...thus encouraging people to rebuild homes that will be flooded in less than a generation. Market forces would force them to move when they were wiped out and not insured.
I think market fetishization here runs into incoherence.

The market is what has pushed settlement and development of all these vulnerable areas, cyclically. Which areas globally - land categorized as flood risk - probably support the life of the majority of the human population and cannot be abandoned. Heck, look at Florida.

We can't all live in Nebraska, and the government won't fund it either without a Titan or kaiju threat.