So the free market deciding that coal and nuclear isn’t that great doesn’t apply any more? Wait I get it!! Those companies donated to Orange One and so now he is paying them back!!
Got it!
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I guess that would be we are paying them back. 
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Bah, we don’t matter!! We are only there to drain until we die!
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Mises argued that it isn’t a free market unless there is a capital market.
Since political power can create capital (e.g. intellectual property) and create profits (e.g. subsidies), there isn’t really a capital market unless there is a sufficiently corrupt influence-peddling market.
Otherwise it’s some kind of socialist market…
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GASP!! Not socialism!!!
-faints onto the fainting couch placed nearby
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The namesake bay is gone! Wow, that’s a picture (or two) worth a thousand words.
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The current Kilauea eruption is apparently the biggest in years. The latest count is 577 houses destroyed. The video at the top of this page gives a complete picture of the lava flow. You can see some intact houses that give the scale of the outpouring:
http://www.staradvertiser.com/2018/06/20/hawaii-news/lava-output-far-outpaces-previous-eruptions/
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The latest count of dwellings destroyed by lava is at 577, according to Civil Defense. Those are the homes that have been verified by matching real property tax records
As I understand it, a normal home insurance policy doesn’t pay out for “House Consumed by Molten Rock”
So you’re out your home (or vacation home) but do you still technically “own” the lot you are paying taxes on?
Do you take your small child on your shoulders to the edge of flow and point out some unremarkable chuck of black rock and say, “You see that? That 1/2 acre lot will be yours someday. And maybe your grandkids can build a shack there”
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Living on the slope of a volcano, they might actually have volcano insurance available for purchase.
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Apparently it only takes some 80 years for vegetation to reestablish itself. So if not the grandkids, maybe the great grandkids?
I have no idea if you still own it. Some of it is rented, so if you have a 6 month lease, do you have to keep paying?
File under “Problems most people don’t have.”
I have read that the new land formed belongs to the state, according to law.
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Ah, okay then. So, sure you have a half acre…but it now starts 20’ below the surface.
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I think it meant lava displacing the sea . . . but I may be wrong! 
“I’m sorry ma’am but your policy clearly states ‘any and all damage from a stratovolcano.’ See the footnote here on page 354. Kilauea is a shield volcano.”
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It’s not a pre-existing condition? I expect those of us living in tectonically stable areas would have it more easily available…
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A violent black market?
Coming in 2020: Sandrunners: A Dump Truck Full of Blood.
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Interesting article. Yet another resource we’re using up faster than it’s being replenished. It mentions that desert sand isn’t suitable for construction because it has been worn round by wind erosion, and thus doesn’t have the sharp edges needed to resist cracks when used as aggregate in concrete. But I don’t see the problem for using it to make glass as the sand is melted anyway.
Hey, there’s always the sand on Mars – unless there’s too much iron in it.
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Mostly eroded by wind?
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Well, there goes that start-up.
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