2min chapter

The Daily cover image

The Sunday Read: ‘This Isn’t the California I Married’

The Daily

CHAPTER

Fire Protection in the West Is a Free Public Good

A false sense of long term stability in these communities is also propped up by what economists call a moral hazard. Individuals tolerate excessive risk because they know they won't bear the full cost. Take that benefit away and ask residence and lopers to pay for the fire fighting they use, californians would stop deciding to move to the wooee because it's cheap. Counties would stop approving new developments for the property taxes. Magical thinking serves no one well.

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