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Mercatus on Policy: Disastrous Uncertainty
Policy mistakes can have serious effects on post-disaster rebuilding efforts as evidenced by recovery after the 2005 hurricanes. Policy makers must understand what government assistance can and
Policy mistakes can have serious effects on post-disaster rebuilding efforts as evidenced by recovery after the 2005 hurricanes. Policy makers must understand what government assistance can and cannot do, why individuals and communities with a stake in the outcomes are best-situated to lead their own recoveries, and how to craft policy responses in a way that minimizes interference with rebuilding efforts - what we call "signal noise."
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