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Sound and Fury: Rhetoric and Rebound after Katrina

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  • Carden William A

    (Rhodes College)

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.

Suggested Citation

  • Carden William A, 2009. "Sound and Fury: Rhetoric and Rebound after Katrina," Journal of Business Valuation and Economic Loss Analysis, De Gruyter, vol. 4(2), pages 1-14, April.
    • Handle: RePEc:bpj:jbvela:v:4:y:2009:i:2:n:2
    DOI: 10.2202/1932-9156.1035
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    References listed on IDEAS

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    1. Peter Boettke & Emily Chamlee-Wright & Peter Gordon & Sanford Ikeda & Peter T. Leeson & Russell Sobel, 2007. "The Political, Economic, and Social Aspects of Katrina," Southern Economic Journal, John Wiley & Sons, vol. 74(2), pages 363-376, October.
    2. William Easterly, 2005. "Reliving the '50s: The Big Push, Poverty Traps, and Takeoffs in Economic Development," Working Papers 65, Center for Global Development.
    3. William Easterly, 2003. "Can Foreign Aid Buy Growth?," Journal of Economic Perspectives, American Economic Association, vol. 17(3), pages 23-48, Summer.
    4. Higgs, Robert, 2006. "Depression, War, and Cold War: Studies in Political Economy," OUP Catalogue, Oxford University Press, number 9780195182927.
    5. W. David Montgomery & Robert A. Baron & Mary K. Weisskopf, 2007. "Potential Effects Of Proposed Price Gouging Legislation On The Cost And Severity Of Gasoline Supply Interruptions," Journal of Competition Law and Economics, Oxford University Press, vol. 3(3), pages 357-397.
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    Cited by:

    1. Daniel Sutter & Daniel J. Smith, 2017. "Coordination in disaster: Nonprice learning and the allocation of resources after natural disasters," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 30(4), pages 469-492, December.
    2. William Kern (ed.), 2010. "The Economics of natural and Unnatural Disasters," Books from Upjohn Press, W.E. Upjohn Institute for Employment Research, number enud, August.
    3. Art Carden, 2010. "Disastrous Anti‐Economics And The Economics Of Disasters," Economic Affairs, Wiley Blackwell, vol. 30(2), pages 81-84, June.
    4. Hendrik Meyer-Ohle, 2021. "Business models, stakeholders and capabilities in coping with societal grand challenges: the case of Japan’s convenience stores," Asian Business & Management, Palgrave Macmillan, vol. 20(4), pages 465-487, September.

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