"The people of Bangaladesh have to live in a river delta because their whole country is one. Americans, by contrast, inhabit a roomy country and do not have to put themselves in the path of catastrophes that are completely predictable except as to date and time in order to make a quick buck in real estate or enjoy the view and a nearby swim for a few or many years. We need to have a serious think about whether it's the duty of the rest of us to subsidize these choices."
Mark Kleiman asking some tough questions. The whole thing is worth a read. Hat tip to Andrew.
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