It’s not often you find a land development story (outside of Kelo) that’s worth a debate, but there’s one playing out this month that might have some broader implications worth considering. In the state of Oregon, work is underway to construct a new ocean-studies building, which sounds normal enough. But it’s being constructed right in the projected path of a tsunami which geologists are convinced is coming one of these days. It’s just a question of when.But the state legislature went ahead and repealed a previous ban on new construction of critical facilities, including schools and police departments. This has...