Somin on Regulation and the Right to Build
In a New York Times article on building homes in risky areas, Professor Ilya Somin comments on government regulation to restrict the right to build. “You don’t need to prevent people from developing in higher-risk areas,” he said. “You just have to make sure they bear the risk themselves.”
No Easy Way to Restrict Construction in Risky Areas, New York Times, March 28, 2014. By John Schwartz.