With heavy rainfall having brought severe flooding to Maryland and other areas along the Atlantic and Gulf Coasts and the 2018 hurricane season just getting underway, it's a good time to remember that the United States suffers from more than just weather patterns. In some situations, our flood insurance system encourages people to live where the risk is greatest. The worst part of it? We know better.
Of those hurricanes that eventually make landfall, according to Yale University economist Robert Mendelsohn, only some 4 percent actually hit the United States.
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