Tag: irma

The Broken Windows of Harvey and Irma

 

Every time a big natural disaster strikes, progressive economists predict an economic boom. Between Harvey and Irma, the LA Times, CNBC, and Goldman Sachs expected a bump in the GDP once the recovery efforts got rolling.

Perhaps the best known fan of mass destruction is NY Times columnist Paul Krugman. While he has yet to weigh in on the storms of the past few weeks, I’m sure it’s coming. After all, he found economic growth in Fukushima…

I guess we have to talk about the economic impact of the Fukushima nightmare … Japan will clearly have to spend hundreds of billions on damage control and recovery, even as revenue falls thanks to the direct economic impact … And yes, this does mean that the nuclear catastrophe could end up being expansionary, if not for Japan then at least for the world as a whole.

Member Post

 

As a follow-up to @susanquinn’s Public Feed post, and responsive to @eherring’s suggestion, we are creating this Member Feed post for a bit more privacy for comments. We also have the live chat  for brief comments. Use of the live chat instead of comments on this post will keep notifications under some control for brief […]

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