December 6, 2013

Virgil Storr: Cultural Spirit Gives Rise to Economic Spirit

Virgil Storr

Board Member, Mercatus Center

On Friday, Dec 16th, 2013, the American Enterprise Institute hosted a panel: "Shaping Society: The Intersection of Economics and Culture." Dr. Virgil Storr argues that every market is animated by economic spirits that affect economic outcomes, and that these spirits are cultural phenomena, giving the example of St. Bernard's Parish's recovery following Hurricane Katrina in 2005.