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Jun 4, 2015

Wealthier Communities Pay Less for Flood Insurance

A new UMass study[^cantfind] finds that rich communities pay less for flood insurance. Well, of course they do. There are two simple reasons for that. The first is historical. Wealthier communities generally…

Jun 2, 2015

Better Extra Credit

It's from back in April, but Confessions of a Community College Dean has a great post on extra credit. This is a great outline for why I don't like offering extra credit…

Jun 2, 2015

Reforming the NFIP

The NFIP is broke, or so I say in my new article in The Conversation: Floodwaters continue to rise, so it will be days if not weeks before we can calculate the…

May 29, 2015

Jeg har besejret det danske dygtighed træ!

After just over five months of study, I have completed the Danish Duolingo course. I had played with Duolingo before, but in December the Danish course was added to the Android app,…

May 26, 2015

Schumer Wants to Abolish WYO

Senator Chuck Schumer wants to reform how the NFIP manages policies, abolishing the Write Your Own (WYO) system: \[The Senator\] proposes that instead of the existing WYO system, the federal government write…

May 19, 2015

On Being Right and Being Flexible

I submitted grades for my public financial management class last night. I told my students there are two critical takeaways from this class. The first is that if you need to make…

May 18, 2015

Stunt Budgeting in Howard County

While Hogan is criticized for illegally transferring money from the capital to the operating budget, we can see the same thing here in Howard County. New Howard County blogger, Jurgis Rudkus,[^clarkkent] addresses…

May 10, 2015

Economic Effects of the Ex-Im Bank

Last summer, a debate over the Export-Import Bank of the United States (Ex-Im Bank) simmered over and went mainstream. Ex-Im received a temporary reprieve, but it was only that and the debate…

May 9, 2015

Tax Incremental Financing Lesson

I am giving the lesson on tax incremental financing this morning at the University of Baltimore. I no longer teach from slides, but here is the slidedeck I used last year.

May 6, 2015

Nonprofit Project at the End of the Semester

This is the end of the semester write up on the nonprofit project in my financial management class. Two weeks ago, we were frustrated that we had not yet gotten any feedback…

Apr 30, 2015

I Told You Rates Weren't Changing

Stop trying to frontrun the Fed. There will be no rate change this week. — James P. Howard, II (@howardjp) April 27, 2015 See, I told you so. Now, reading Federal Reserve…