Rebuilding Joplin: Economic Freedom Ruled in Joplin, Missouri
Joplin was struck by an EF5 tornado last May. Afterwards, community members freely and voluntarily worked together to help rebuild the town.
Daniel J. Smith, economics professor at Troy University, studied the rebuilding of Joplin, Missouri in the months following the tornado. Watch as Professor Smith discusses how economic freedom can help areas recover from natural disasters.
“I think one of the key factors in the recovery process in Joplin, from the tornado, is that the government officials allowed the community to start rebuilding itself. I think Joplin is a great example of the power of people—free people—coming together and both using profit motive, in the businesses, using religious reasons for faith-based organizations, and just concern for your fellow man, in the community-based organizations, to rebuild a disaster stricken community.” — Daniel J. Smith
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Best part of the video is the fact that the government took a hands off approach!