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272 pages, Kindle Edition
First published February 28, 2014
We have learned much during our experiment with intensive federal flood management, which began in earnest with the passage of the Federal Flood Control Act of 1928. Three lessons stand out: 1) Rivers will flood; 2) levees will fail; and 3) unwise floodplain development will happen if we let it.And then later in that chapter:
We propose the following: (1) Eliminate federal immunity for flood damage; (2) reform the decision-making metrics for the construction of flood control projects; (3) reform the Fifth Amendment takings doctrine; and (4) reform the National Flood Insurance Program both the keep people out of harm's way and to force those who engage in risky behavior to assume the risk (and the cost).The authors elaborate, of course, but these are the main lessons and proposals.