|Rational Public Policy Goal of Penn's Post-Katrina
Conference on Risk and Disasters
1 - 2 - 3 - 4
Donald F. Kettl, director of the Fels Institute of Government at Penn, offered another hedge against disaster. He said the federal
government could encourage people to pay into an insurance pool that they would draw from should a severe storm strike. As an added benefit, he said, this might serve as leverage
to pressure insurance companies to reduce their premiums, a free market solution that is preferable to relying on government.
But the most radical proposition came from two Penn
professors: Kenneth R. Foster of the Department of Bioengineering and Robert Giegengack of the Department of Earth and Environmental Science. They recommended moving New Orleans
to the location on the Mississippi River above Baton Rouge where the river will soon be diverted into the Atchafalaya Distributary or in the alternative, laying the grounds for
a new center of economic opportunity for the former residents of New Orleans, their children, and grandchildren, in a location with better long-term prospects of safety.