How Cronyism Made Harvey Worse

The flood waters from Harvey not even stopped rising before pundits began casting blame. And the blame focused on man-made causes: climate change, the failure of city and county officials to control or mitigate flooding, and Houston’s lack of zoning.

The pundits got it partly right. There is a man-made factor that contributed to Harvey’s […]

A Flood of Altruism

More than 300,000 home owners in the Houston area can expect significant increases in their flood insurance. The National Flood Insurance Program (NFIH), which insures those homes, is more than $24 billion in debt and Congress is expected to end the subsidies that are bankrupting the program.

NFIH was created because private insurers didn’t want […]