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Jeffrey Miron Does a government definition of property rights promote economic progress? A recent paper suggests yes: Cadastres—records of landownership—provide governments with the information necessary to tax and clarify ownership, making transactions more efficient. Cadastres underpin the security of ownership and enable land and credit markets to

In the wake of two major hurricanes and the calls for federal intervention, we repost Vedran Vuk's classic 2006 article that detailed how by "doing its job," FEMA blocked economic recovery in New Orleans after the Hurricane Katrine disaster.

Chris Edwards Hurricanes Helene and Milton have now passed, leaving trails of destruction. Some politicians are using the disasters as a political football, focusing particularly on the funding of the Federal Emergency Management Agency (FEMA). But the debate over FEMA is somewhat misplaced. FEMA is the lead