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Sound and Fury: Rhetoric and Rebound after Katrina

Art Carden
Rhodes College

December 6, 2007

Abstract:
Free markets in capital and labor are essential to rapid recovery from natural disaster. Political and rhetorical responses to Hurricane Katrina included denunciation of price gougers in the market for gasoline; the arbitrariness associated with anti-price gouging legislation may create uncertainty that reduces the attractiveness of the investment climate.

Keywords: Katrina, disaster, weather, rhetoric, political economy

JEL Classifications: D70, K00

Working Paper Series

Date posted: May 15, 2008 ; Last revised: May 15, 2008

Suggested Citation

Carden, Art, Sound and Fury: Rhetoric and Rebound after Katrina (December 6, 2007). Available at SSRN: http://ssrn.com/abstract=1092313

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Contact Information

Art Carden (Contact Author)

Rhodes College ( email )

2000 North Parkway
Memphis, TN 38112
United States
901-843-3736 (Fax)

HOME PAGE: http://www.rhodes.edu/academics/143.asp