Peter Boettke is a University Professor of Economics and Philosophy at George Mason University, the BB&T Professor for the Study of Capitalism, and the Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at GMU.
Emily Chamlee-Wright is a senior research fellow at the Mercatus Center at George Mason University. Her primary research interests include development economics, cultural economics, and indigenous markets in Sub-Saharan Africa.
Maurice McTigue is vice president for outreach at the Mercatus Center at George Mason University. He is director of the Mercatus Center's Government Accountability Project and a member of its Spending and Budget Initiative and State and Local Policy Project.
As the 1000-day anniversary of Hurricane Katrina approaches, many wonder exactly when the Gulf Coast will be back to normal, and why the recovery process has moved so slowly. With hurricane season 2008 quickly approaching, it's a good time to look at the lessons learned from the most expensive natural disaster in history. On Thursday, May 22nd, the Mercatus Center at George Mason University hosts a discussion on the effective disaster response from the public and private sectors.
Dr. Steven Horwitz explains how both public and private institutions must have the right incentives in order to be successful in their disaster response efforts. His recently published paper "Making Hurricane Response More Effective" notes the need for disaster response to happen at the local level, and involve the kind of local knowledge that managers of local business and officers in the US Coast Guard possess.
Eileen Norcross discusses problems in Louisiana's distribution of federal disaster aid, called the Road Home program and the more successful fund distribution in Mississippi's program. Her study "The Road Home: Helping Homeowners in the Gulf after Katrina" argues that while trying to prevent fraud is a laudable goal, a quick turnaround for disaster relief checks is a more important objective because it fuels the larger recovery process.