The Private Sector Is Coming to Texas’s Rescue
In the wake of Hurricane Harvey, the private sector in Texas and Louisiana is getting slammed with lots of criticism for price-gouging, being greedy, and focusing only on profits. 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.
Mark J. Perry is a scholar at the American Enterprise Institute and a professor of economics and finance at the University of Michigan’s Flint campus.
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