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Dr. Eric Graf Discusses How Media Manipulates Natural Disasters and Government Replaces Insurance
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Dr. Eric Graf of the Universidad de Francisco Marroquin, has been troubled by the potential for the media and government institutions to manipulate natural disasters and use them to further their own ends. Houston is a known floodplain, prone to such events from time to time: thus emerges a classic free-rider problem, whereby the government subsidizes free-riders who choose to eschew the private insurance market. Trump has sadly followed the course of his predecessors, and taken a big government approach to disaster relief, as Treasury Secretary Steven Mnuchin ties disaster relief funding for Texas to raising the debt ceiling
…
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529 episodes
MP3•Episode home
Manage episode 186286445 series 1257301
Content provided by PanAm Post. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by PanAm Post or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Dr. Eric Graf of the Universidad de Francisco Marroquin, has been troubled by the potential for the media and government institutions to manipulate natural disasters and use them to further their own ends. Houston is a known floodplain, prone to such events from time to time: thus emerges a classic free-rider problem, whereby the government subsidizes free-riders who choose to eschew the private insurance market. Trump has sadly followed the course of his predecessors, and taken a big government approach to disaster relief, as Treasury Secretary Steven Mnuchin ties disaster relief funding for Texas to raising the debt ceiling
…
continue reading
529 episodes
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