Foundation for Economic Education
by Sheldon Richman

09/14/05

Scenes of the devastation and suffering inflicted by Hurricane Katrina will long remain in our memories. Equally horrifying were the pictures of New Orleans residents -- and policemen -- helping themselves to goods from stores. They weren't just taking food, water, and diapers; some were taking television sets, jewelry, and other luxury items. These scenes had a clear message for anyone who understands the role the free market plays in making human life possible: anything that significantly disrupts economic activity disrupts civilization itself. This reveals the intimate relationship between the market and society...

http://www.fee.org/vnews.php?nid=7194


Informant: Thomas L. Knapp