3 ms·
No, I'm referring to the money spent on cleanup and rebuilding, not X lives lost reducing the denominator in GDP per capita. Disasters are great for GDP as a m
by Grimburger 4y ago
No, I'm referring to the money spent on cleanup and rebuilding, not X lives lost reducing the denominator in GDP per capita.
Disasters are great for GDP as a metric on a medium term scale. Not so much for people or wellbeing. This is basic econ stuff.