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The Economists' Voice

Ed. by Cragg, Michael / Stiglitz, Joseph / Zwiebel, Jeffrey


SCImago Journal Rank (SJR) 2015: 0.164
Source Normalized Impact per Paper (SNIP) 2015: 0.264
Impact per Publication (IPP) 2015: 0.143

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ISSN
1553-3832
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Should the Government Rebuild New Orleans, Or Just Give Residents Checks?

Edward L Glaeser1

1Harvard University

Citation Information: The Economists' Voice. Volume 2, Issue 4, ISSN (Online) 1553-3832, DOI: https://doi.org/10.2202/1553-3832.1121, September 2005

Publication History

Published Online:
2005-09-21

Should government rebuild New Orleans? Edward Glaeser asks whether the residents would be better off with $200,000 in their pockets than to have $200 billion spent on infrastructure: shouldn't we be insuring the people, not the place? New Orleans has been declining and its people mired in poverty for decades; its port and pipelines cannot employ a large city, and $200 billion is unlikely to change that.

Keywords: cities; insurance

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[1]
Trond G. Husby, Henri L.F. de Groot, Marjan W. Hofkes, and Martijn I. Dröes
Journal of Regional Science, 2014, Page n/a

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