JimPethokoukis: I will be on C…

On March 11, 2011, in Uncategorized, by admin

JimPethokoukis: I will be on CNBC at 11:10 talking about economic impact of natural disasters … Set your DVRs accordingly

 

JimPethokoukis: @SissyWillis …

On March 11, 2011, in Uncategorized, by admin

JimPethokoukis: @SissyWillis You win the Nobel Prize for Economics today, exactly right

 

JimPethokoukis: I am talking a…

On March 11, 2011, in Uncategorized, by admin

JimPethokoukis: I am talking about a catalyst for new policies

 

JimPethokoukis: This is differ…

On March 11, 2011, in Uncategorized, by admin

JimPethokoukis: This is different than Broken Window, that is just shifting around $

 

JimPethokoukis: Economic of e…

On March 11, 2011, in Uncategorized, by admin

JimPethokoukis: Economic of earthquakes: Skidmore/Toya conclude creative destruction dynamic only occurs in high per-capita income countries

 

JimPethokoukis: 2002 Skidmore-…

On March 11, 2011, in Uncategorized, by admin

JimPethokoukis: 2002 Skidmore-Toya study (2002) suggests disasters may be speeding up the Schumpeterian “creative destruction” process

 

JimPethokoukis: Study: You are…

On March 11, 2011, in Uncategorized, by admin

JimPethokoukis: Study: You are 10x more likely to be killed in a natural disaster in Africa than North America or Europe

 

JimPethokoukis: Study: Disaste…

On March 11, 2011, in Uncategorized, by admin

JimPethokoukis: Study: Disasters provide “impetus to update the capital stock …. adopt new technologies ” = better productivity”

 

JimPethokoukis: But major stud…

On March 11, 2011, in Uncategorized, by admin

JimPethokoukis: But major study found that climactic disasters can be OK for long-run growth, not geologic disasters

 

JimPethokoukis: Do natural dis…

On March 11, 2011, in Uncategorized, by admin

JimPethokoukis: Do natural disasters stimulate economic growth? Near-term stimulus a wash, but can clear way for better infrastructure,