Only 25 percent of the respondents to a survey conducted in Mississippi after Hurricane Katrina identified government as their most important source of aid. Government relief to disaster victims is often less effective than aid provided by volunteers, non-profit organizations, and commercial enterprises, and it often facilitates corruption, encourages growth in disaster-prone areas, and crowds out self-help.
Read the Full Article
(PDF, 21 pages)
|Other Independent Review articles by William F. Shughart II|
|Fall 2014||The Institutional Revolution: Measurement and the Economic Emergence of the Modern World|
|Summer 2014||Sin Taxes and Sindustry: Revenue, Paternalism, and Political Interest|
|Summer 2004||Bending before the Storm: The U.S. Supreme Court in Economic Crisis, 1935-1937|
|[View All (5)]|