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The Economics of Disasters

Economics Explained

CHAPTER

Exploring Economic Impacts of Natural Disasters and the Parable of the Broken Window

Exploring how natural disasters impact economies and GDP measurements by illustrating the deceptive increase in economic activity post-disaster, delving into the Parable of the Broken Window to distinguish between genuine economic progress and temporary boosts, while shedding light on the media's role and the human factor in economic scenarios.

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