August 1, 2011

Blame the Weather? Natural Disasters, FEMA, and Corruption in America

  • Peter Leeson

    Senior Fellow, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics
  • Russell Sobel

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A key insight of economics is the unintended, often undesirable, consequences of government activity. Although the idea that government policy may create harmful secondary effects is well known, too often when policy makers craft policies designed to promote the public welfare they seem to ignore these effects. An example of this may be government provision of natural disaster relief.

Read the full article at www.americanbar.org.