The National Flood Insurance Program: Solving Congress's Samaritan's Dilemma

Cato Institute, Policy Analysis No. 923 (2022)

16 Pages Posted: 19 Apr 2022

Date Written: March 2, 2022

Abstract

Who should pay for the damages caused by natural disaster? The American ethos has long called on personal responsibility and private charity, rather than broad public aid, to secure people’s welfare.

Keywords: Congress, flood insurance, personal responsibility, natural disasters, federal aid

JEL Classification: I30, I00, R5, J28

Suggested Citation

VanDoren, Peter M., The National Flood Insurance Program: Solving Congress's Samaritan's Dilemma (March 2, 2022). Cato Institute, Policy Analysis No. 923 (2022), Available at SSRN: https://ssrn.com/abstract=4061079 or http://dx.doi.org/10.2139/ssrn.4061079

Peter M. VanDoren (Contact Author)

Cato Institute ( email )

1000 Massachusetts Avenue, N.W.
Washington, DC 20001-5403
United States

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