Jun 21, 2021
4:02:18pm
4:02:18pm
Really? Fire departments? That's your market failure? That's easy.
Any problem really boils down to scarcity. Fire protection is no different.
A big part of the problem are the government roads that lead to development in areas that would otherwise be wilderness and would benefit from regular natural wildfires but let's not even address that.
During the wildfires last year near my home in Monterey the private insurers put sprinklers on rooftops and paid to take down trees and do backburns (one backburn a mile from my home resulted in two lost homes that the insurance company had to rebuild). In areas where homes were insured (as opposed to areas where insurance companies refused to offer plans so homeowners had to rely on government services) there were fewer lost houses because of the private fire protection services.
If the government didn't subsidize fire departments and underwrite home reconstruction in high risk areas would there even be homes there in the first place? Frederic Bastiat had something to say about that. Or maybe I should refer you to the homes in Missouri flood plains worth less than $150k that have been rebuilt multiple times over the past 30 years for 10 times that amount at taxpayer expense.
A big part of the problem are the government roads that lead to development in areas that would otherwise be wilderness and would benefit from regular natural wildfires but let's not even address that.
During the wildfires last year near my home in Monterey the private insurers put sprinklers on rooftops and paid to take down trees and do backburns (one backburn a mile from my home resulted in two lost homes that the insurance company had to rebuild). In areas where homes were insured (as opposed to areas where insurance companies refused to offer plans so homeowners had to rely on government services) there were fewer lost houses because of the private fire protection services.
If the government didn't subsidize fire departments and underwrite home reconstruction in high risk areas would there even be homes there in the first place? Frederic Bastiat had something to say about that. Or maybe I should refer you to the homes in Missouri flood plains worth less than $150k that have been rebuilt multiple times over the past 30 years for 10 times that amount at taxpayer expense.
Originally posted on Jun 21, 2021 at 4:02:18pm
Message modified by jvquarterback on Jun 21, 2021 at 4:28:25pm
Message modified by jvquarterback on Jun 21, 2021 at 4:31:54pm
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6/19/21 4:57pm
6/19/21 5:01pm
You're not speaking Russian or Chinese. You have a robust economy compared to what other generations had. You're welcome
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I wonder who's going tell him the Russian and Chinese threats came after WWII? Must be that millennial ejukation.
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