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Puerto Rico's New Fiscal Plan: Certain Pain, Uncertain Gain

Lara Merling Philadelphia Inquirer; CEPR
Puerto Rico was already in trouble after suffering a “lost decade” without economic growth after 2005, leading to a default on its public debt and mass migration from the island. That was before Hurricane Maria.

California Fires - Time for Disaster Socialism

Nato Green San Francisco Examiner
The West Coast's historically unprecedented drought was followed by historically unprecedented fires. The South and the Caribbean are being ravaged by historically unprecedented hurricanes. It's either God's wrath for squandering a perfectly good planet, or our own squandering a perfectly good planet - and it's becoming uninhabitable. We need a People's Fire Recovery Plan, a "disaster socialism" to answer disaster capitalism.
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