Want To Help With Chile Earthquake Relief? Here Are Some Ideas

Want To Help With Chile Earthquake Relief? Here Are Some Ideas

Are you looking for ways to help out the groups providing relief after the massive earthquake that hit Chile? Yahoo has made a nice list of groups that have confirmed that they are sending teams to Chile, and you can also donate by text message. [More]

Wal-Mart's Katrina Heroism: "Above All, Do The Right Thing," CEO Told Managers Before Katrina Struck

Wal-Mart's Katrina Heroism: "Above All, Do The Right Thing," CEO Told Managers Before Katrina Struck

A paper written by Steven Horwitz, an Austrian-school economist (we’re still not quite sure what that means, other than it’s considered slightly controversial), recounts Wal-Mart’s relief efforts after Hurricane Katrina (PDF) and points out that private businesses, along with the Coast Guard, did far more than any “official” government agency in providing immediate, on-the-ground assistance to victims. His argument is that something as complex as a relief effort is more efficient when it’s decentralized and involves private businesses. Horwitz has also, separately, supported the idea that Wal-Mart should win the Nobel Peace Price. Hey, we told you his school of economics was controversial.