The vital role of tech and information in responding to Hurricane Harvey
Private sector to the rescue in Texas: Never underestimate the power of the private sector to rise up to any challenge
The importance of scarcity is drawn into sharp contrast during national emergencies and disasters. Things we ordinarily take for granted — ready access to food, water, fuel, shelter — are suddenly thrown into short supply while access to other resources — emergency services — becomes paramount. The line between want and need is starkly redrawn.
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The vital role of tech and information in responding to Hurricane Harvey
Private sector to the rescue in Texas: Never underestimate the power of the private sector to rise up to any challenge
Because of a hurricane of claims of price gouging in the wake of Hurricane Harvey, the private sector in Texas and Louisiana is getting slammed with lots of criticism for being greedy, uncompassionate, and focusing only on profits. For example, Texas Attorney General Ken Paxton told CNBC that his office as of yesterday has received more than 500 complaints of price gouging, mostly against businesses accused of selling cases of bottled water for $99, gasoline for $10 a gallon, and hotels charging prices triple or quadruple the normal room rates. But there’s a flip side to that story that includes many counter-examples of private sector businesses and private voluntary organizations ignoring profits and demonstrating great compassion following Hurricane Harvey, as was the case after previous disasters like Hurricane Katrina in 2005. Here are some examples:
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Πηγή: American Enterprise Institute
