Transcription of Symposium The Political, Economic, and Social Aspects of ...
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SymposiumThe political , economic , and Social Aspectsof KatrinaPeter Boettke,* Emily Chamlee-Wright,{Peter Gordon,{Sanford Ikeda,1 Peter T. Leeson,Iand Russell Sobel#In this paper, we examine the resiliency of community recovery after a natural disaster. Weargue that a resilient recovery requires robust economic /financial institutions, political /legalinstitutions, and Social /cultural institutions. We explore how politically and privately createddisaster preconditions and responses have contributed to or undermined institutionalrobustness in the context of the Gulf Coast s recovery after Hurricane katrina . We find thatwhere postdisaster resiliency has been observed, private-sector responses contributing to thehealth of these institutional arenas are largely responsible. Where postdisaster fragility andslowness has been observed, public-sector responses contributing to thefrailty of theseinstitutional arenas are largely the cause.}}
Symposium The Political, Economic, and Social Aspects of Katrina Peter Boettke,* Emily Chamlee-Wright,{ Peter Gordon,{ Sanford Ikeda,1 Peter T. Leeson,I
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