Updated 29 Sept. 2017:
- Photos from Puerto Rico, via The Atlantic
- Puerto Rico’s long-term problems, via Bloomberg View (Tyler Cowen)
- Facts and observations about the Jones Act, via Marginal Revolution (Tyler Cowen)
- The economics of natural disasters, via The Federal Reserve Bank of St Louis (Kevin L. Kliesen)
- A reverse Dutch auction of Puerto Rico’s public debts, via prior probability (F. E. Guerra-Pujol)
- Rexford Tugwell and the New Deal in Puerto Rico, via PR51st
- What if Puerto Rico becomes part of an already existing State?, via MR (Tyler Cowen)
- Satellite images of the Island, before and after Maria, via Twitter (@NOAA)
As an aside, doesn’t the natural disaster that devastated our beloved Puerto Rico pose a difficult problem for our libertarian friends? After all, libertarians generally distrust government (and for good reason, we might add), but what happens when there is a national emergency or a natural disaster, like the one affecting the Island now?
prior probability 