Much of beneficial public policy involves simple 'low-hanging fruit'—removing obvious restrictions like tariffs, rent controls, and minimum wages (per Epstein)—rather than complicated economics; applying this to New Orleans, eliminating low-level restrictions would unleash an outpouring of vibrant rebuilding.

normativepending

Speaker

Peter Boettke

Evidence Quote

a lot of public policy is just really basic low-hanging fruit... if we just got rid of some of this low-hanging fruit and allowed the individuals to sort of rebuild their lives based on the signals that they themselves get from their actions you would see an amazing outpouring

Source

Peter Boettke on Hurricane Katrina and the Economics of Disaster 12/18/2006EconTalk
Created: 6/17/2026, 10:29:22 AM

My Notes

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