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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...
Persistent link: https://www.econbiz.de/10011010568
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...
Persistent link: https://www.econbiz.de/10005081324
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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...
Persistent link: https://www.econbiz.de/10014179226
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...
Persistent link: https://www.econbiz.de/10014042650
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...
Persistent link: https://www.econbiz.de/10008776814
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...
Persistent link: https://www.econbiz.de/10014805466