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Flood insurance quagmire demands bold reform, not stopgaps - Vimarsana News

Flood insurance quagmire demands bold reform, not stopgaps

Changes to the National Flood Insurance Program are always politically complex.

Levin: Bold reform needed for flood insurance - Vimarsana News

Levin: Bold reform needed for flood insurance

The National Flood Insurance Program — the federal money pit that created perverse incentives to own property in areas most susceptible to climate change — is set to expire again

For Lyft users, time is money—now, we know how much - Vimarsana News

For Lyft users, time is money—now, we know how much

Study suggests the U.S. may undervalue timesaving transportation infrastructure How much money is time worth? It’s an age-old question, but University of Chicago economists and their collaborators think they have found the answer—$19.38 per hour. It’s a finding with policy implications, according to the economists, because it suggests the U.S. government may currently be underestimating the value of travel time. To quantify the value of time, the economists created a field experiment involving 3.7 million users of the Lyft app in 13 cities. By manipulating the price ...