EclectEcon

Economics and the mid-life crisis have much in common: Both dwell on foregone opportunities

C'est la vie; c'est la guerre; c'est la pomme de terre . . . . . . . . . . . . . email: jpalmer at uwo dot ca

. . . . . . . . . . .Richard Posner should be awarded the next Nobel Prize in Economics . . . . . . . . . . . .

Friday, September 23, 2005

This Is So Sensible, I Can Hardly Believe It!

From the WSJ Storm News Tracker:

2:32 p.m.: U.S. Homeland Security Secretary Michael Chertoff and Housing Secretary Alphonso Jackson announced a program to pay for three-month rental costs anywhere in the country for homeowners or renters whose residences were destroyed by Katrina.

It looks as if this means the planning bureaucrats have abandoned the truly horrible plan of building a FEMA compound.