Editor’s Note: by John Tamny, RealClear Markets The Marshall Plan was an abject economic failure. And that’s not just because Japan rebuilt itself after WWII without one. The more important truth is that central planning of precious resources that always and everywhere fails in good times hardly gains virtue during the bad. What saved Germany […] The post TAMNY: The Bigger Economic Meaning of a Smaller, Post-Katrina New Orleans appeared first on The Hayride.| The Hayride
(By Emilee Calametti/The Center Square) – Before Hurricane Katrina ravaged the coast, the New Orleans population was about 460,000. Twenty years later, the city has dropped to about 380,000 as it continues to rebuild. Katrina still ranks as one of the deadliest and costliest storms to hit the United States in history. With more than […]| The Hayride