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Politics : Politics for Pros- moderated
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To: DMaA who wrote (135625)8/31/2005 12:08:12 PM
From: Ilaine  Read Replies (1) of 793954
 
About 20 years ago I spent a semester at UNO studying urban planning, and did a special research project on the pumps that drain New Orleans. They were old then. The levee system was old then. And when I asked about worst-case scenarios, nobody had an answer.

At the time, I was a libertarian, and just couldn't reconcile libertarianism and urban planning, so went to law school instead.

But there is no free market solution to natural disasters. Just as there is no free market solution to war, or violent crime.

It goes against our grain, as believers in free markets, to plan for these eventualities. Inertia usually works. The free market usually works.

But not always.
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