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Antarctica Journal

Tag: financial

Why Poor People’s Bad Decisions Make Perfect Sense

June 26, 2015 Antarctica Journal

There’s no way to structure this coherently. They are random observations that might help explain the mental processes. But often, I think that we look at the academic problems of poverty and have no idea of the why. We know the what and the how, and we can see systemic problems, but it’s rare to have a poor person actually […]

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Chilling Details

The National Flood Insurance Program, administered by FEMA because private insurers want no part of it, has been unable to collect enough premiums to cover the destruction of coastal homes and businesses since Hurricane Katrina struck in 2005.The program is $18 billion in debt to the U.S.Treasury.

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