“The New Orleans levees that ruptured during Hurricane Katrina's storm surges two months ago were weakened by widespread structural flaws, and the construction of several floodwalls may have been undermined by possible corruption, engineering experts told a Senate committee Wednesday. hellip;[O]fficials familiar with the reports said the engineering team had heard allegations from contract workers, engineers and others knowledgeable about New Orleans floodwall work that political influence and organized crime might have played a role in construction flaws in at least two levees that failed after Katrina struck Aug. 29.” (Los Angeles Times, Thursday)
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FEE Timely Classic
“Bureaucracy, Productivity, and Inflation” by Mark D. Isaacs