Tuesday, December 18, 2012

"Disaster Economics"

No, it's not actually about the Republicans in Congress. It's a short, smart piece by James Surowiecki from the 3 December 2012 issue of The New Yorker about what it costs to clean up after a hurricane versus what it would cost to build preventative measures.

Spoiler alert ...

... the latter is way cheaper than the former.

Of course the political realities will not change any time soon (for which, okay, it's fair to blame the Republicans, to a large extent), but this is a long-term problem and so it's worth trying to nudge the supertanker onto a slightly different course, as it were, starting now.

(pic. source: NJ.com)

1 comment:

Brendan Keefe said...

Gotta love the URL on the (pic. source).