Environmental roundup

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  • >When government taking of land deprives a community association of a stream of income, is that a taking? [Ilya Shapiro and Trevor Burrus on Mariner’s Cove Townhomes Association v. U.S.;
    [end of quote]

    The libertarians raise a meritorious question. In the case of flood plains, however, taxpayer advocates might legitimately counter:

    Must taxpayers also pay the imputed value of previous and prospective taxpayer subsidies, eg subsidized flood insurance, flood-control public works, and disaster relief?