2005 Instituto Juan de Mariana
Instituto Juan de Mariana
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Catastrophes

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2005/01/17 - Gabriel Calzada

Natural Disasters Part II: Disastrous Theories

The tsunami that struck coastal Asia and Africa exposed just how unnecessary the state is for dealing with natural disasters. It also swallowed whole a bunch of incoherent economic theories. The catastrophe could raise havoc with two of the economics profession’s most insidious and embarrassing theories.

2005/01/10 - Gabriel Calzada

Natural Disasters Part I: Do We Need the State to Help?

Faced with a catastrophe of biblical proportions, citizens of developed countries have sent every type of resource to help ease the region’s suffering. This terrible event is, however, also a good moment to reconsider some of the interventionist group-think about dealing with major disasters.
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