Episode 36: Broken Windows and World Trade Centers
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Do disasters bring economic benefits? Today folks claim that hurricane Katrina will create jobs in the south. In 2001, we heard how rebuilding NY after 9/11 would benefit the economy. Is that really possible? If disasters are so good for the economy, why wait for hurricanes? Why not flatten NY city, and reap the ensuing benefits?
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Do disasters bring economic benefits? Today folks claim that hurricane Katrina will create jobs in the south. In 2001, we heard how rebuilding NY after 9/11 would benefit the economy. Is that really possible? If disasters are so good for the economy, why wait for hurricanes? Why not flatten NY city, and reap the ensuing benefits?
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