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Should government rebuild New Orleans? Edward Glaeser asks whether the residents would be better off with $200,000 in their pockets than to have $200 billion spent on infrastructure: shouldn't we be insuring the people, not the place? New Orleans has been declining and its people mired in poverty for decades; its port and pipelines cannot employ a large city, and $200 billion is unlikely to change that.

Should the Government Rebuild New Orleans, Or Just Give Residents Checks?