Sound and Fury: Rhetoric and Rebound after Katrina
Brock School of Business, Samford University
December 6, 2007
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.
Number of Pages in PDF File: 16
Keywords: Katrina, disaster, weather, rhetoric, political economy
JEL Classification: D70, K00
Date posted: May 15, 2008