Purpose – The purpose of this paper is to highlight the importance of property rights institutions to disaster relief efforts, with a focus on the US Federal Emergency Management Agency in the aftermath of Hurricane Katrina in New Orleans, Louisiana. Design/methodology/approach – The paper...

The actions the U.S. Federal Emergency Management Agency in the months following Hurricane Katrina are critiqued, with an emphasis on how private-sector responses would have differed. We conclude that a large and bureaucratized response to disasters hinders economic calculation, incentive...

Purpose – The purpose of this paper is to highlight the importance of property rights institutions to disaster relief efforts, with a focus on the US Federal Emergency Management Agency in the aftermath of Hurricane Katrina in New Orleans, Louisiana. Design/methodology/approach – The paper...

The Austrian school of economics is generally considered an antiwar school. The Austrian view is not derived from a religious or class-based ideological viewpoints, but instead derives entirely from the school’s fundamental economic tenets. This article examines the writings of Ludwig von...

This paper analyzes common antitrust arguments made against the Microsoft Corporation vis-a-vis its competitors. It critiques common market failure justifications for expanding government interventions to that firm's organization

The Austrian school of economics is generally considered an anti-war school. The Austrian view is not derived from a religious or class-based ideological viewpoints, but instead derives entirely from the school’s fundamental economic tenets. This paper examines the writings of Ludwig von Mises...

The Austrian school of economics is generally considered an antiwar school. The Austrian view is not derived from a religious or class-based ideological viewpoints, but instead derives entirely from the school’s fundamental economic tenets. This article examines the writings of Ludwig von...