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.
