The paper analyzes federal tax subsidies for professional sports stadiums, focusing on tax-exempt municipal bonds, estimating their economic impact, and proposing reforms to reduce these inefficient subsidies.
Flood insurance is more than actuarily fair — it is actually giving away money to homeowners. Yet, 40% of high-risk consumers don’t purchase flood insurance. Why? And what does it mean for optimal policy? 1/ https://t.co/XbWF6vfBTx