By Carl Close | Monday August 31, 2009 at 4:24 PM PST | 4 Comments
The new head of the Federal Emergency Management Agency, former Florida firefighter and state disaster coordinator Craig Fugate, says he hopes to steer his organization in a different direction. According to Amanda Ripley’s dispatch in the September issue of The Atlantic, Fugate wants FEMA’s role to be less paternalistic and more modest and collaborative:...
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Tags: Bailouts, Charity, Civil Society, Craig Fugate, Disaster Management, disasters, Federal Emergency Management Agency, fema, Homeland Security, Hurricane Katrina, Insurance, property and casualty insurance, Upcoming Events
By Randall Holcombe | at 10:30 AM PST | 5 Comments
Japan’s historic election Sunday gave the Democratic Party an overwhelming victory over the Liberal Democrats that have dominated Japan’s government for 55 years. The Liberal Democrats oversaw Japan’s industrial policy that supported Japan’s dominant firms during Japan’s rise as a major economic power during the 1960s, 70s, and 80s. Indeed, many American economists argued...
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Tags: Budget and Tax Policy, Business, Byung-Chull Lee, Economics, Elections, Free Market, Global Competitiveness, Government subsidies, Hyundai, IBM, industrial policy, Japan, Japanese Democratic Party, Korea, Liberal Democrats, Politics, Regulation, Samsung, The State