Tag Archives: economic impact

Do disasters help the economy?

Do disasters help the economy? One of my colleagues asked me recently what economic impact analysis has to say about this question. He provided a link to a Forbes article countering the frequent claim that disasters can be/are good for the economy; in turn, Forbes linked to this example from the New York Times. I’ve heard the claim before, of course. In fact, you often hear people say that rural areas and farmers/ranchers are not impacted by drought, fire, or other disasters because of government disaster relief payments…. Read More →